$BTC $BTC As of May 4, 2025, Bitcoin (BTC) is trading at approximately $95,364 USD, reflecting a slight decrease of 0.86% from the previous close.
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๐ Market Highlights
Price Movement: Bitcoin reached a high of $96,416 and a low of $95,316 during the trading day.
Trading Volume: A significant surge in trading volume was observed, indicating increased market activity.
ETF Inflows: Bitcoin ETFs experienced substantial inflows, contributing to the upward price momentum.
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๐๏ธ Institutional Developments
Strategic Bitcoin Reserve: President Trump's administration established a Strategic Bitcoin Reserve, positioning Bitcoin as a national reserve asset.
Regulatory Outlook: The market is anticipating decisions from the Federal Open Market Committee (FOMC), which could impact Bitcoin's price trajectory.
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โ๏ธ Network Metrics
Hash Rate: Bitcoin's network hash rate reached an all-time high, indicating robust miner participation.
Difficulty Adjustment: The network underwent a 3.34% downward difficulty adjustment, reflecting changes in mining activity.
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These developments underscore Bitcoin's dynamic market environment and its evolving role in both institutional finance and national economic strategies. If you would like more detailed analysis or specific information on any of these topics, feel free to ask!