As of May 15, 2025, Bitcoin (BTC) is trading at approximately $103,137, reflecting a slight decline of 0.3% over the past 24 hours. The cryptocurrency reached an intraday high of $104,104 and a low of $101,760.

Barron's

@EconomicTimes

Earlier in the week, Bitcoin experienced a rally, briefly surpassing $105,000. This uptick was driven by investor optimism over potential interest rate cuts by the U.S. Federal Reserve, following the release of softer inflation data. However, the rally has since lost momentum amid profit-taking and growing market caution.

@EconomicTimes

Barron's

Analysts are observing a shift in investor focus from Bitcoin to alternative cryptocurrencies (altcoins). Bitcoin's dominance in the cryptocurrency market has decreased from 65% to 62%, indicating a potential shift towards altcoins.

Looking ahead, some analysts predict that Bitcoin could reach new highs if it breaks above the $110,000 resistance level. Conversely, any dips toward $99,000 to $97,000 are likely to attract renewed buying interest.

TradingView

Investors are advised to monitor upcoming economic indicators, such as the U.S. producer price index (PPI) for April, as concerns over inflation resurgence could impact market sentiment. $BTC

Barron's

In summary, while Bitcoin shows resilience, market participants should remain vigilant, considering both macroeconomic factors and shifting investor preferences within the cryptocurrency landscape.