$BTC

Bitcoin (BTC) has finally broken out of its consolidation phase between $90K and $95K, climbing back up to around $97K as market optimism builds ahead of the upcoming FOMC meeting. Analysts are seeing this as a strong bullish signal, suggesting BTC could be on its way to hitting the $100K milestone.

As of 10:20 AM on Wednesday, May 7, Bitcoin was trading at approximately $96,476.58 — up 2.13% in the last 24 hours. Its daily trading volume reached $31.36 billion, and its market cap soared to $1.91 trillion, making it the largest crypto asset by far.