As of May 30, 2025, Bitcoin (BTC) is trading around $106,300, marking a slight decline of nearly 1% over the past 24 hours. The price fluctuated between $105,783 and $108,865 today, reflecting typical market volatility. The decline comes as over $10 billion in BTC options expired, leading to some market correction following recent highs above $110,000. Despite the dip, BTC remains above key support levels and continues to attract institutional interest, with long-term investors holding firm. On-chain metrics indicate increased whale accumulation and strong hash rates, signaling network strength and confidence. Meanwhile, regulatory developments such as the launch of the Pakistan Crypto Council show growing global interest in crypto adoption. Analysts maintain a bullish long-term outlook, although short-term fluctuations are expected. Overall, while Bitcoin faces temporary pressure, its fundamentals remain solid, driven by increasing adoption, network growth, and investor confidence in the digital asset market.
