As of May 15, 2025, Bitcoin (BTC) is trading at approximately $102,067 USD, reflecting a slight decline of about 1.5% over the past 24 hours.
Despite this minor dip, Bitcoin remains above the significant $100,000 threshold, a level it surpassed last week amid optimism over easing U.S.-China trade tensions and expectations of potential Federal Reserve rate cuts following softer-than-expected inflation data.
Analysts suggest that the current consolidation phase could be a healthy pause, with some predicting a potential surge to $120,000 before a possible correction. However, upcoming U.S. inflation data and other macroeconomic factors may influence short-term price movements.
In summary, Bitcoin is currently experiencing a period of consolidation above $100,000, with market participants closely monitoring economic indicators for future direction.