$BTC

BTC/USDT: Bullish Momentum in May 2025

Bitcoin (BTC) has recently surpassed the $100,000 mark, reaching approximately $102,700, driven by positive sentiment surrounding a new U.S.-U.K. trade agreement and renewed institutional interest. 

The BTC/USDT trading pair remains one of the most actively traded in the cryptocurrency market, with Bitcoin priced at approximately $96,583 USD, while Tether (USDT) maintains its peg at $1 USD. 

Technical indicators suggest bullish momentum, with a relative strength index above 70 indicating possible short-term overbought conditions. Analysts point to potential resistance near $107,000 and a projected upside target around $120,000 if the rally continues.

Institutional investments are playing a pivotal role in this recovery. Standard Chartered projects Bitcoin could hit $200,000 by the end of 2025, driven by increased allocations from pension funds and crypto ETFs.

Additionally, the U.S. has established a Strategic Bitcoin Reserve, holding over 200,000 BTC, signaling a shift towards recognizing digital assets as a national reserve asset.

With these developments, the BTC/USDT market is poised for sustained growth, attracting both retail and institutional investors.