#BTC
As of March 5, 2025, Bitcoin is trading at approximately $87,478, reflecting a 4.5% increase from the previous close.
Recent market movements have been influenced by President Donald Trump's announcement of a U.S. strategic cryptocurrency reserve, which includes Bitcoin. This development led to a significant market surge, with Bitcoin's value increasing by 11% to $94,164.
Looking ahead, market analysts have varying predictions for Bitcoin's future value. Some experts anticipate that Bitcoin could reach between $120,000 and $150,000 by early 2025, driven by factors such as institutional adoption and favorable regulatory developments.
However, it's important to note that the cryptocurrency market is highly volatile, and such projections are subject to change based on market dynamics and external factors.