$BTC Bitcoin (BTC) Market Overview – May 9, 2025

Current Price: $102,740 USD

24-Hour Change: +4.86%

Daily Range: $97,820 – $103,513

Bitcoin has once again surpassed the $100,000 mark, reaching as high as $101,515 on May 8, 2025. This resurgence is attributed to renewed investor enthusiasm and significant institutional investments, including BlackRock's recent acquisition of 47,064 BTC valued at approximately $4.44 billion when Bitcoin was trading near $95,000.

Price Predictions for 2025

Analysts have provided various forecasts for

Bitcoin's price trajectory in 2025:

Galaxy Digital predicts Bitcoin will cross $150,000 in the first half and potentially reach $185,000 by Q4 2025, driven by institutional and nation-state adoption.

Standard Chartered expects Bitcoin to hit $200,000 by the end of 2025, citing sustained institutional flows and favorable macroeconomic trends.

Plan B offers a more aggressive forecast, suggesting Bitcoin could reach $1 million by 2025, based on increased adoption and regulatory support.

What are your thoughts about it ?