$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.