As of May 13, 2025, $BTC
Bitcoin (BTC) has surpassed the $103,000 mark, currently trading at approximately $103,384. This represents a modest 1.39% decrease over the past 24 hours. The cryptocurrency experienced a brief surge to $105,747 following a U.S.-China tariff reduction announcement, but has since retraced slightly amid profit-taking and market caution ahead of upcoming U.S. inflation data .
Investor's Business Daily
+2
Barron's
+2
The Economic Times
+2
š Current Bitcoin Market Snapshot
Current Price: $103,384
24h Change: -1.39%
24h High: $104,546
24h Low: $101,065
Market Cap: Approximately $3.48 trillion
24h Trading Volume: $89.45 billion
Bitcoin Dominance: 58.99%
Wikipedia
+1
Investor's Business Daily
+1
Investor's Business Daily
+5
FXStreet
+5
U.Today
+5
changelly.com
CryptoRank
š Price Chart
Wikipedia
š Key Market Influences
U.S.-China Trade Agreement: The recent announcement of a tariff reduction from 145% to 30% between the U.S. and China initially boosted Bitcoin's price to over $105,000. However, the gains were short-lived as traders engaged in profit-taking .
Barron's
The Economic Times
Institutional Involvement: Companies like Strategy have continued to invest heavily in Bitcoin, purchasing over $1.3 billion worth recently. This institutional interest supports the bullish long-term outlook for Bitcoin .
Investor's Business Daily
+1
U.Today
+1
Macroeconomic Factors: Anticipation of U.S. inflation data has led to cautious sentiment in the market, contributing to the recent price pullback .
The Economic Times
š Outlook
Despite the recent minor pullback, Bitcoin remains near its all-time high, reflecting strong market confidence. Analysts continue to project a bullish trend for the remainder of 2025, with some forecasts predicting prices could reach between $180,000 and $200,000 by year-end .
primexbt
