btc#BTC As of May 28, 2025, Bitcoin (BTC) is trading at approximately $108,733, reflecting a modest increase of 0.38% from the previous close. The day's trading has seen a high of $110,425 and a low of $108,325.

Earlier this week, Bitcoin reached a local peak near $110,800 but has since experienced slight intraday pressure, bringing it below the $110K resistance level. Analysts are closely monitoring the $108K–$110K range to determine Bitcoin's next move, as the broader uptrend remains intact but momentum appears to be consolidating.

Institutional interest continues to play a significant role in Bitcoin's market dynamics. Notably, investment banking firm Cantor Fitzgerald has initiated its Bitcoin lending services, indicating growing institutional engagement with the cryptocurrency.

Additionally, the U.S. government's establishment of a Strategic Bitcoin Reserve earlier this year underscores the increasing institutional adoption and recognition of Bitcoin as a significant asset.

While the market sentiment remains cautiously optimistic, traders and investors are advised to stay informed and monitor key support and resistance levels, as well as institutional activities, to navigate the current market conditions effectively.