$BTC

On Saturday, May 3, 2025, Bitcoin (BTC) stabilizes near the $96,000 level. Current data indicates that the price ranges between $95,500 and $96,500, with a slight decline of 0.8% over the past 24 hours.

In recent days, Bitcoin has recorded a significant rise, surpassing the $97,000 barrier for the first time since February, driven by increasing institutional investments and ETF flows. It also reached a new 70-day peak at $97,431.

This upward momentum is attributed to several factors, including:

Increased institutional interest: The Japanese company Metaplanet announced plans to expand its operations in the United States, enhancing confidence in Bitcoin as a strategic reserve asset.