The price of Bitcoin (BTC) has slightly decreased, with significant fluctuations in the last 24 hours.

As of May 17, 2025, at 23:08, the trading price of Bitcoin (BTC) against Tether (USDT) is 103,039.67 USDT, approximately 742,916.02 RMB, down 0.93% from the previous value.

In the past 24 hours, the price range of Bitcoin has fluctuated between 102,612.50 - 104,550.33 USDT, with a trading volume of 12,317.53 BTC and a trading amount of 1.274 billion USDT. From the minute-by-minute price chart, the price shows a downward trend. In terms of technical indicators, MA(7) is 102,938.55, MA(25) is 103,405.25, and MA(99) is 103,453.61, with the short-term moving averages showing a bearish arrangement.

The performance of Bitcoin’s price on the day is poor, with a daily decline of 1.11%. However, there is still a 0.12% increase over the past 7 days, a significant increase of 21.42% over the past 30 days, and increases of 5.54%, 14.16%, and 56.55% over the past 90 days, 180 days, and 1 year, respectively. Market analysts suggest that this price correction of Bitcoin may be influenced by short-term market supply and demand changes as well as macroeconomic sentiment, and future trends will need to focus on market capital flows and global financial policy dynamics.