On Thursday, May 15, 2025, the price of Bitcoin (BTC) is approximately $101,590, which is roughly 382,469 Saudi Riyals, based on data from CoinMarketCap.

Current Market Performance:

Daily Change: The price of Bitcoin has decreased by 1.68% over the past 24 hours.

Market Capitalization: The market capitalization of Bitcoin is approximately $2.02 trillion.

Trading Volume: The trading volume in the last 24 hours was about $44.5 billion.

Reasons for Recent Movements:

Bitcoin has recently seen a noticeable increase, approaching the $105,000 level, driven by expectations of interest rate cuts by the U.S. Federal Reserve, increased institutional inflows, and easing trade tensions between the United States and China.