$BTC As of mid-May 2025, Bitcoin (BTC) is trading around $104,000, reflecting a 14% gain in April and nearing its all-time high of $109,114 set in January. This surge is fueled by easing global tariffs, new U.S. trade agreements, and anticipation of potential interest rate cuts. Bitcoin's market capitalization has surpassed $2 trillion, attracting a wave of new buyers, while seasoned traders remain cautious. Analysts predict that if macroeconomic conditions remain favorable, Bitcoin could reach $120,000 in the second quarter. However, short-term fluctuations are expected as traders lock in profits ahead of key economic indicators like the U.S. Consumer Price Index (CPI).