$BTC

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[UPDATE BTC – DATE 7/5/2025]

The price of Bitcoin today is trading around 97,262 USD, up sharply 2,762 USD (+2.92%) compared to yesterday. This is a notable rebound in the context of the market holding its breath waiting for the results of today's FOMC meeting.

The focus is on the speech of the Fed Chairman – Jerome Powell – which is expected to take place after the meeting. If the Fed maintains interest rates in the range of 4.25%–4.50% as expected, BTC could continue to rise, potentially aiming for the 100,000 USD mark. However, if there are any signs of tightening, the strong support area around 91,500–92,000 USD may be retested.

In addition, the information that New Hampshire (USA) has become the first state to establish a reserve fund in Bitcoin is also providing additional positive momentum for the market.

Conclusion: BTC is still showing significant strength, however, investors need to closely monitor news from the Fed to make appropriate decisions.$BTC