Bitcoin (BTC) Price Update
As of May 7, Bitcoin is trading at **$96,987**, up over 3% in the past 24 hours, briefly surpassing $97,000. Daily trading volume surged 37% to $31.7 billion, reflecting heightened investor activity.
**Key Highlights:**
- Short liquidations hit $83.6 million, fueling upward momentum.
- Open interest rose 26% to $64.4 billion, signaling strong market participation.
- A bullish reversal pattern suggests potential for further gains toward $100,000.
