As of May 14, 2025, Bitcoin (BTC) is trading at approximately $103,673, reflecting a 0.94% increase over the past 24 hours. The day's trading range has seen lows of $102,641 and highs of $104,836.

This upward movement is attributed to several factors:

Easing U.S. Inflation: Recent data indicates a softer-than-expected U.S. Consumer Price Index (CPI), bolstering expectations for Federal Reserve rate cuts, which in turn supports risk assets like Bitcoin.

US-China Trade Truce: A temporary easing in trade tensions between the U.S. and China has improved investor sentiment, contributing to Bitcoin's price stability above the $100,000 mark.

Institutional Investment: Cantor Equity Partners recently disclosed a purchase of 4,812 BTC, valued at approximately $457 million, signaling continued institutional interest in Bitcoin.

Analysts suggest that while Bitcoin is currently consolidating, the prevailing market sentiment remains optimistic, with potential for further gains if macroeconomic conditions continue to favor risk assets.

Please note that cryptocurrency markets are highly volatile, and prices can change rapidly. $BTC