$BTC

As of May 12, 2025, Bitcoin (BTC) is trading at approximately $104,094 USD, reflecting a slight decrease of about 0.5% over the past 24 hours.

Earlier today, Bitcoin briefly surged to $105,525 before retreating, influenced by positive developments in U.S.-China trade relations. The announcement of a temporary reduction in tariffs from 145% to 30% for 90 days sparked optimism in the market.

Over the past week, Bitcoin has gained approximately 10%, nearing its all-time high of $109,026 reached in January 2025. Analysts suggest that maintaining a weekly close above $106,000 could signal the onset of a new price discovery phase.

In the broader cryptocurrency market, Ethereum (ETH) is trading around $2,510, showing a modest decline, while XRP has risen to approximately $2.40. Other altcoins like Solana and Cardano have experienced mixed movements, with some gains and losses observed.

If you're interested in more detailed insights or specific cryptocurrency analyses, feel free to ask!