$BTC As of May 8, 2025, the price of Bitcoin (BTC) is approximately $98,822, recording an increase of 2.43% compared to the previous day. In the last 24 hours, the price fluctuated between $95,959 and $99,835. 

🔍 Recent news about Bitcoin

1. Bitcoin approaches the $100,000 threshold

On May 7, 2025, Bitcoin temporarily surpassed the $99,000 mark, setting a new high in this year's rally. This increase is supported by favorable macroeconomic factors and rising institutional demand.

2. The U.S. Strategic Bitcoin Reserve

President Donald Trump signed an executive order in March 2025 to establish a Strategic Bitcoin Reserve, utilizing approximately 200,000 BTC confiscated in criminal and civil cases. This move aims to strengthen the U.S. position in the digital asset space.  

3. American states adopt Bitcoin in their reserves

New Hampshire became the first U.S. state to pass a law to invest up to 5% of its funds in Bitcoin and other high-cap digital assets, signaling increasing institutional acceptance. 

4. Positive outlook from analysts

Arthur Hayes, co-founder of BitMEX, believes that the current macroeconomic context is favorable for a new Bitcoin rally, comparable to the one from 2022–2025. He anticipates that persistent inflation will drive demand for assets like Bitcoin. 

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