As of May 6, 2025, Bitcoin (BTC) is trading within $94,000–$94,600, showing a slight decrease of approximately 0.4% over the last 24 hours. The price has stabilized after a recent peak of around $97,000, indicating consolidation ahead of potential market events.
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📊 Current Market Situation
• BTC Price: around $94,414
• 24-Hour Range: $93,614 – $95,199
• Trading Volume: about 18,000 BTC over the last day
• Technical Levels: support at $92,500; resistance at $97,000
Despite the slight decline, institutional interest remains high: in the past week, spot Bitcoin ETFs recorded a third consecutive week of inflows, and BTC's market dominance is approaching 64%.
