$BTC As of May 7, 2025, Bitcoin (BTC) is trading at approximately $96,770, reflecting a 2.43% increase over the past 24 hours.
đ Market Sentiment
The Crypto Fear & Greed Index currently stands at 67, indicating a state of "Greed" in the market.
đ Influencing Factors
Investors are closely monitoring the Federal Open Market Committee (FOMC) meeting concluding today, as its outcomes could significantly impact market dynamics.
Additionally, Binance's founder, Changpeng "CZ" Zhao, has projected that Bitcoin's price could surge to between $500,000 and $1 million in the current market cycle.
