$BTC
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Bitcoin's current price is $102,295.14, with a 1.37% decrease from its open price of $103,714.28. Here's a brief update:
*Key Stats:*
- *Market Cap*: $2.08 trillion
- *Current Price*: $102,295.14
- *Open Price*: $103,714.28
- *High Price*: $104,356.95
- *Low Price*: $102,273.00
- *Percent Change*: -1.37%
*Market Analysis:*
Bitcoin's price has been consolidating, with some analysts predicting a potential upward push. Steady capital inflows and bullish technical data point to Bitcoin hitting new highs before the end of May. However, the macro picture looks tricky for risk assets as the Fed stays hawkish ¹.
*Recent Trends:*
- Bitcoin's rally is far from over, with some experts predicting a surge to $150,000.
- Large Bitcoin investors have continued to accumulate coins, potentially setting the stage for a new all-time high.
- Bitcoin's price stabilizes around $103,000 after rallying nearly 10% this week, driven by risk-on sentiment from Trump's trade deal with the UK and anticipation of a meeting with China ² ¹.