$BTC

As of April 29, 2025, the price of Bitcoin (BTC) is approximately $95,209, with a daily fluctuation range between $93,580 and $95,533. The current market capitalization is about $1.88 trillion, making it the fifth-largest asset globally, surpassing Google.

The recent price increase has been driven by multiple factors, including the easing of US-China trade tensions, increased interest from institutional investors in Bitcoin ETFs, and growing market recognition of Bitcoin as a safe-haven asset. Technical analysis shows that Bitcoin has broken out of a four-month descending wedge pattern and has established itself above the 200-day moving average, indicating strong upward momentum.

Looking ahead, analysts maintain an optimistic outlook on Bitcoin's price. Standard Chartered Bank predicts that Bitcoin could reach a new high of $120,000 in the second quarter of 2025, and hit $200,000 by the end of the year. However, some market observers believe that Bitcoin may have already peaked at the beginning of the year, with future prices potentially retreating to around $70,000.

Overall, Bitcoin shows strong market performance in 2025, becoming an important player in the global asset market. Investors should closely monitor macroeconomic changes and policy trends to make informed investment decisions.