As of May 4, 2025, Bitcoin (BTC) is trading at approximately $96,398 USD, experiencing a slight decline of about 0.6% over the past 24 hours. The cryptocurrency has seen an intraday high of $96,992 and a low of $95,936.
Earlier this week, Bitcoin's price surged past $97,000, driven by increased institutional investments and significant ETF inflows. Notably, BlackRock's ETF acquired $1 billion worth of BTC, contributing to the bullish momentum.
In a significant development, Apple has lifted iOS restrictions, now allowing Bitcoin payments and ending the 30% Apple tax. This move is expected to have a substantial impact on Bitcoin's adoption and price dynamics.
Looking ahead, analysts predict that Bitcoin's price could reach between $120,000 and $210,000 in 2025, depending on various market factors. Finance Magnates
However, some caution that Bitcoin is approaching a strong resistance level, which may lead to increased sell-side pressure in the near term. The Daily Hodl
For a visual representation of Bitcoin's recent performance, here's a chart illustrating its price movements:
This chart shows Bitcoin's price trends over the past few days, highlighting the recent surge and subsequent fluctuations.
Stay informed on Bitcoin's price movements and market trends to make well-informed investment decisions.
