$BTC
As of April 25, 2025, Bitcoin (BTC) is trading at around $93,187, up 0.88% on the day, continuing a strong bullish trend. This marks the first time BTC has crossed the $90,000 mark since March, signaling renewed momentum in the market.
The recent surge is fueled by several key factors. Institutional interest is rising, with Invesco's Bitcoin ETF attracting $7.5 million in daily inflows, showing that major investors are increasing their exposure to BTC. At the same time, whale activity has picked up, with large holders accumulating more Bitcoin—an indicator of long-term confidence in the asset.
On the technical side, analysts suggest Bitcoin is currently moving within a bullish channel, with possible short-term support around $89,665, and a near-term price target of $101,605 if momentum continues. Despite still being about 14% below its all-time high of $109,026, the current rally indicates a positive outlook.
These developments reflect a strong market sentiment and increasing belief in Bitcoin as both a store of value and a speculative asset. Investors are watching closely as BTC consolidates gains and prepares for potential new highs in the coming weeks.
