$BTC Bitcoin (BTC) continues to hold strong above the $100,000 mark, reflecting sustained investor confidence and growing institutional interest. As of May 16, 2025, Bitcoin is trading at approximately $103,706 USD, with intraday fluctuations between $101,760 and $104,104.

This resilience comes amid broader market optimism, bolstered by expectations of potential interest rate cuts following softer U.S. inflation data. Analysts suggest that Bitcoin's current consolidation phase could set the stage for a significant upward move, with some projections targeting a price of $140,000.

In the local context of Pakistan, Bitcoin's performance is closely watched by investors seeking alternatives to traditional assets. The cryptocurrency's upward trajectory offers both opportunities and challenges, emphasizing the importance of staying informed and exercising caution in this dynamic market. $BTC