$BTC 🚀 Update – May 7, 2025

Price: $95,098 (up 0.6%)

Resistance Alert: Approaching $99,900; potential selling pressure ahead.

Volatility Surge: Implied volatility spiking; traders brace for potential breakout.

Strategic Reserve Impact: U.S. establishes a Strategic Bitcoin Reserve, fueling bullish sentiment.

FOMC Watch: Upcoming Federal Reserve meeting on May 7 could influence crypto markets.