$BTC

Bitcoin Market Dynamics and Policy Promotion: As of May 8, 2025, the Bitcoin price stabilized at $102,000, and BlackRock's Bitcoin ETF holdings exceeded 600,000. Japanese listed company Metaplanet increased its holdings by 330 BTC during the same period. The U.S. OCC policy allows banks to directly custody crypto assets, pushing the institutional holding ratio to 17.3%. Standard Chartered Bank reiterated its year-end target price of $138,000, and CFTC data shows that the monthly increase in derivatives open interest rose by 42% to $57.8 billion. The adjustment of tariff policies by the Trump administration and expectations of eased SEC regulation further solidify BTC's strategic position as a hedge asset.