$BTC

As of May 12, 2025, Bitcoin (BTC) is trading at approximately $105,437, marking a significant milestone as it reclaims the $100,000 threshold for the first time since February. This surge is attributed to renewed investor confidence following a U.S.-U.K. trade agreement and easing global trade tensions. Institutional interest remains strong, with inflows into spot Bitcoin ETFs reaching $5.3 billion in the past three weeks. Analysts project that Bitcoin could reach $120,000 in the second quarter, though short-term volatility remains a concern. The current market capitalization of Bitcoin stands at approximately $2.09 trillion, with a circulating supply of 19.86 million BTC.