$BTC

As of Tuesday, May 6, 2025, at approximately 8:21 PM CST (Wednesday, May 7, 2025 in Taiwan), here's a snapshot of Bitcoin (BTC):

**Price:**

* Bitcoin is currently trading around **$94,400 - $94,600 USD**. This shows relative stability over the last 24 hours with a minor correction of around 0.08% earlier today.

* In New Taiwan Dollars (NTD), 1 Bitcoin is approximately **2,822,105.05 NTD**.

**Key Points:**

* Bitcoin's price is holding steady around the $94,000 level.

* Institutional demand for Bitcoin continues to rise.

* The FOMC meeting is currently underway (May 6-7), and the market is closely watching for any signals regarding future monetary policy. The policy decisions will be announced tomorrow (May 7th) at 11:30 PM Taiwan time.

* Analysts suggest that breaking the $95,000 - $95,500 resistance zone could signal further upward movement.

* The next Bitcoin halving occurred on **April 20, 2024**, reducing the block reward to 3.125 BTC.

**Price Predictions for 2025:**

* Predictions for the end of 2025 vary widely, ranging from **$120,000** to **$200,000** in more bullish scenarios, driven by ETF inflows and supply tightening post-halving. Some analysts even have long-term targets much higher. However, some predictions are more conservative, and price movements will depend on various market factors.

**In summary, Bitcoin is currently stable as the market awaits the outcome of the FOMC meeting. Long-term sentiment remains largely bullish, but short-term volatility is expected.**