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$BTC On May 7, 2025, Bitcoin (BTC) is experiencing significant activity in the markets, currently trading near $97,000. According to CoinGecko data, the price of Bitcoin is approximately $97,033, with a daily trading volume reaching $28.6 billion and a market cap of nearly $1.93 trillion.

🧠 Influencing factors:

1- Technical analysis: Indicators suggest bullish momentum, with strong support at $92,000 and $85,000, and resistance at $100,000 and $107,000.

2- Institutional developments: Companies like Morgan Stanley are planning to launch digital currency trading services, which boosts confidence in the market.

3- Economic policies: New tariffs in the United States raise concerns about recession, driving investors towards Bitcoin as a safe haven.

Finally, Bitcoin shows strong performance amid current global economic conditions, bolstered by investor confidence and optimism regarding economic and trade policies. However, investors are advised to closely monitor economic and political developments, as they may impact price movements in the near future.