$BTC Bitcoin (BTC) is experiencing significant momentum as of May 12, 2025, trading near $103,971 USD. This surge follows a U.S.-China trade agreement that reduced tariffs, boosting investor confidence across markets. Bitcoin briefly spiked to $105,525 but faced resistance, stabilizing at current levels. (Barron's)
Institutional interest remains strong, with firms like MicroStrategy and MetaPlanet increasing their BTC holdings. Additionally, the U.S. government's establishment of a Strategic Bitcoin Reserve has further legitimized Bitcoin as a national asset. (Crypto Basic, Wikipedia)
Despite these positive developments, market analysts caution about potential volatility due to profit-taking and geopolitical uncertainties. Nonetheless, Bitcoin's resilience and growing institutional adoption suggest a promising outlook for the remainder of 2025.