$BTC
Below are the highlights of Bitcoin (BTC) news for Wednesday, May 14, 2025:
💰 Bitcoin Price Performance
Bitcoin fell by 1.9% to around $102,363 this morning, after exceeding $105,000 earlier in the week.
According to Binance data, Bitcoin is currently trading at $103,968, up by 1.33% over the past 24 hours.
🌐 Market Influencing Factors
The United States and China announced a temporary suspension of tariffs for 90 days, causing Bitcoin to rise to over $104,000 before it later retreated as investors took profits.
Trading volumes for the BTC/USDT pair on Binance surged to $12.5 billion over the past 24 hours, indicating an increase in market activity.
🏦 Institutional Moves
"Strategy" (the new name for MicroStrategy) has expanded its investments in Bitcoin, reflecting institutional confidence in the future of the digital currency.
