$BTC

As of today, May 12, 2025, Bitcoin (BTC) is trading around $104,000 against Tether (USDT). Over the past 24 hours, the price has shown minor fluctuations, currently exhibiting a slight decrease. However, looking at a broader timeframe, BTC/USDT has experienced a notable upward trend. In the last week, it has risen by approximately 9-10%, and over the past month, the increase has been even more significant, around 23-25%.

This recent positive movement can be attributed to a combination of factors. Increased institutional adoption, positive market sentiment, and recent technological developments within the Bitcoin network often contribute to price appreciation. Conversely, regulatory uncertainties or negative news can lead to price drops, highlighting the inherent volatility of the cryptocurrency market. The limited supply of Bitcoin, capped at 21 million coins, also plays a crucial role in its price dynamics, as increasing demand against a finite supply can drive the price higher.