$BTC

As of May 13, 2025, Bitcoin (BTC) is experiencing a market correction, trading around $102,475. The price dipped below $103,000 earlier today, influenced by a short squeeze and high funding rates, which have raised concerns about market sustainability . Despite this, BTC remains above the $100,000 threshold, supported by institutional interest and recent bullish momentum. The global cryptocurrency market capitalization has decreased to $3.28 trillion, reflecting a broader market pullback . Analysts are monitoring support levels closely, with potential short-term volatility ahead.

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