$BTC

Bitcoin Updates | May 13, 2025

The Bitcoin market has been experiencing noticeable fluctuations recently, with the currency currently trading at $103,717, after a slight decline from its recent peak of $105,500, due to expected profit-taking by investors, coinciding with anticipation of U.S. inflation data.

On the institutional side, the first regulated and centrally cleared digital currency derivatives platform has been launched in London, indicating increasing adoption of digital currencies by major institutions. In the United States, the state of Arizona announced the establishment of a Bitcoin reserve fund, becoming the second U.S. state to take this step.

From a technical perspective, forecasts suggest a potential increase in the price of Bitcoin by 9.5% to around $114,187 in the coming days, supported by positive market indicators and a general trend toward "greed" in investor behavior.