$BTC

As of May 7, 2025, Bitcoin (BTC) is trading at approximately $96,941, reflecting a 2.7% daily gain. The cryptocurrency experienced a surge above $97,000 ahead of the Federal Open Market Committee (FOMC) meeting, with investors positioning for potential interest rate decisions. Notably, institutional interest continues to grow, with firms like Metaplanet purchasing 555 BTC and BlackRock acquiring $37.8 million worth, signaling sustained confidence in Bitcoin's long-term value. Analysts anticipate that Bitcoin could reach $100,000 in the near future, driven by macroeconomic factors and increasing adoption. Finger Lakes 1+1Cointelegraph+1Blockchain News+1Blockchain News+1

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