On Wednesday, May 14, 2025, the price of Bitcoin ($BTC ) experienced a slight decrease of about 0.2%, trading in the range of $103,479. Although this decline is relatively small, there are several factors influencing the price movement of BTC today.

Factors Causing the Decline in Bitcoin Price

• Shift in Investor Interest to Altcoins

Analyst from FxPro, Alex Kuptsikevich, noted that investors are starting to shift their focus from Bitcoin to altcoins such as Ethereum, XRP, and Solana. This is happening as Bitcoin approaches a technical resistance level, prompting investors to seek opportunities in other cryptocurrencies that have higher growth potential.

• Correction After Previous Rise

After reaching a peak of around $105,000, Bitcoin experienced a price correction.