$BTC As of March 7, 2025, Bitcoin (BTC) is trading at approximately $84,000, reflecting a recent decline from its earlier surge to $92,000 on March 6.

This volatility follows President Donald Trump's announcement of a strategic cryptocurrency reserve, which initially boosted BTC prices by over 11%.

However, the euphoria has since faded, leading to a sharp correction.

Additionally, the U.S. dollar's struggle near a four-month low amid economic growth concerns has contributed to market uncertainty.

Investors are now focused on upcoming U.S. nonfarm payroll data, which could further influence BTC's price trajectory.

Analysts remain optimistic about Bitcoin's long-term prospects, with some predicting prices could reach $150,000 by the end of 2025.

Overall, while short-term fluctuations persist, Bitcoin's fundamental value proposition continues to attract both retail and institutional investors.