$BTC
As of May 8, 2025, Bitcoin (BTC) is trading at approximately $101,165, marking a significant resurgence as it reclaims six-figure territory for the first time since January.
Key Highlights
Price Surge: Bitcoin's price has risen sharply, reaching an intraday high of $101,879 and a low of $95,959, reflecting renewed investor confidence.
Strategic Reserves: The U.S. government's establishment of a Strategic Bitcoin Reserve has bolstered market sentiment, positioning Bitcoin as a recognized reserve asset.
Institutional Interest: Major financial institutions are revising their Bitcoin forecasts upward, citing increased demand and favorable market conditions.
Regulatory Developments: Several U.S. states have enacted laws permitting the inclusion of Bitcoin in state reserves, signaling growing institutional acceptance.
Bitcoin's recent performance underscores its resilience and growing role in the global financial landscape.