As of May 24, 2025, Bitcoin (BTC) is trading at approximately $108,248, reflecting a 2.7% decline over the past 24 hours. The day's trading has seen a high of $111,258 and a low of $107,160.
This recent dip follows a brief surge above $111,000, influenced by regulatory optimism and increased institutional interest. However, the announcement of new tariffs by the U.S. administration has introduced market volatility, impacting Bitcoin's price.
Analysts remain optimistic, with projections suggesting Bitcoin could reach $125,000 by the end of Q2, driven by strong institutional demand and favorable macroeconomic conditions.
In the broader crypto market, altcoins like Ethereum, XRP, and Solana have shown resilience, posting modest gains despite Bitcoin's fluctuations.
Overall, while Bitcoin experiences short-term volatility, the long-term outlook remains positive, supported by institutional adoption and market dynamics.
