#BTCRebound
Bitcoin (BTC) has experienced a significant rebound, climbing to approximately $96,464 as of May 2, 2025. This marks a substantial recovery from its April low of around $74,000, representing a 28% increase over the past month.
Institutional Interest: Major firms like EY and Capriole Investments have noted increased institutional comfort with Bitcoin, viewing it as "digital gold" .
Axios
ETF Adoption: The approval of Bitcoin ETFs 15 months ago has allowed institutional investors easier market entry, contributing to Bitcoin's mainstream investment status .