$BTC As of May 9, 2025, Bitcoin (BTC) is trading at approximately $103,026, reflecting a 3.37% increase over the past 24 hours. The day's trading range has seen lows around $99,667 and highs nearing $103,978.

This surge past the $100,000 mark is attributed to several key factors:

Institutional Investments: Significant purchases by major institutions, including a notable $2.5 billion acquisition by BlackRock, have bolstered market confidence.

Regulatory Developments: The U.S. has legalized strategic Bitcoin reserves, signaling a positive regulatory stance that encourages broader adoption.

ETF Inflows: Spot Bitcoin ETFs have experienced net inflows exceeding $4 billion in the past three weeks, indicating growing investor interest.

Analysts suggest that if the bullish momentum continues, Bitcoin could target resistance levels around $107,000, with potential to reach $120,000 in the near term.

For real-time updates and more detailed information, you can refer to platforms like CoinMarketCap or Binance.