$BTC

As of May 12, 2025, Bitcoin (BTC) is trading around $103,293, experiencing slight volatility after reaching an intraday high of $105,525. The recent rally, driven by easing U.S.-China trade tensions and significant institutional investments, has brought BTC close to its all-time high of $109,000. Notably, Japan's MetaPlanet acquired 1,241 BTC, surpassing El Salvador's national holdings. Additionally, the U.S. government's establishment of a Strategic Bitcoin Reserve underscores growing institutional confidence in cryptocurrency.

Despite these bullish indicators, market sentiment remains cautious, with traders monitoring for potential resistance levels and profit-taking behaviors.