$BTC

$BTC As of May 6, 2025, Bitcoin (BTC) is trading at approximately $94,582, showing a modest gain of 0.56% over the past 24 hours. The cryptocurrency remains within a relatively stable range, reflecting cautious market sentiment amid ongoing economic uncertainties and anticipation of the U.S. Federal Reserve's upcoming interest rate decision.

Technical analysts have identified potential resistance near the $99,900 level, suggesting that Bitcoin may face selling pressure if it approaches this price point. Additionally, the recent rejection at $97,000 indicates that upward momentum may be limited in the short term.

Despite the current consolidation, investor interest remains strong. Options markets are showing increased activity, with some traders speculating on a significant price surge, targeting levels as high as $300,000.