As of May 6, 2025, Bitcoin (BTC) is trading at approximately $94,608, reflecting a modest daily gain of 0.17%.

The cryptocurrency market is exhibiting cautious behavior ahead of the Federal Reserve's upcoming policy decision, with Bitcoin's price showing minor fluctuations. Analysts suggest that this pause may be a healthy consolidation following recent gains.

Notably, Bitcoin's dominance in the crypto market has reached 64.85%, the highest since February 2021, indicating sustained investor confidence in the flagship cryptocurrency.

For a visual representation, here's a recent chart illustrating Bitcoin's price movements:

This chart highlights the recent surge in $BTC Bitcoin's active addresses, reaching a six-month high, which may signal increased network activity and investor interest.

If you have any further questions or need more detailed analysis, feel free to ask!