$BTC Nearing $100,000 As Gold Loses Its Shine

Bitcoin shows a 3% increase on May 1st, briefly reaching $97,400 before dropping back to $96,600. Bullish investors are now preparing to face the psychological resistance at $97,000, while gold is experiencing a significant correction, losing more than 8% since its recent all-time highs.

On May 1st, the bitcoin price crossed the $97,000 mark, its highest level since last February 22.

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