As of May 12, 2025, Bitcoin (BTC) is trading at approximately $104,110, experiencing a slight decline of 0.49% from the previous close. The day's trading range has been between $103,719 and $105,525 .
This price movement reflects Bitcoin's resilience near its all-time high, driven by a combination of macroeconomic factors and institutional interest. Notably, the U.S. government has established a Strategic Bitcoin Reserve, signaling a significant policy shift towards cryptocurrency . Additionally, companies like MicroStrategy continue to accumulate substantial amounts of Bitcoin, further bolstering market confidence .
Despite recent volatility, Bitcoin's sustained performance underscores its growing acceptance as a digital asset and store of value. Investors are closely monitoring these developments, which could influence future market dynamics.