$BTC

As of May 15, 2025, Bitcoin (BTC) is trading at approximately $103,537, reflecting a slight decrease of 0.01% from the previous close. The day's trading has seen a high of $104,602 and a low of $102,946.

Bitcoin's price has been hovering near its all-time high of $109,026, achieved in January 2025. This resilience is attributed to several factors:

Institutional Investment: There has been a significant influx of institutional capital into Bitcoin, signaling strong confidence in its long-term value.

Macroeconomic Conditions: Easing global tariffs and anticipation of potential U.S. interest rate cuts have created a favorable environment for Bitcoin's growth.

Illiquid Supply Increase: Bitcoin's illiquid supply has reached a new high of 14 million BTC, indicating that more investors are moving their coins into wallets that rarely spend, showcasing trust in Bitcoin's future.

Analysts predict that Bitcoin's value may increase by 9.24%, potentially reaching $113,661 by May 16, 2025.

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