#BTC☀️
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As of May 7, 2025, $Bitcoin (BTC) is trading at approximately $96,360 USD, reflecting a 2.1% increase over the previous day. The price has fluctuated between $93,587 and $97,513 in the past 24 hours.
Bitcoin (BTC)
$96,360.00
+$1,986.00
(+2.10%)
Today
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📈 Market Overview
Bitcoin's recent surge is attributed to several factors:
Medium
Institutional Investment: Major firms like Semler Scientific and Strategy have collectively invested nearly $200 million in Bitcoin, signaling strong institutional confidence.
The Daily Hodl
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FXStreet
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U.Today
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Regulatory Developments: New Hampshire has become the first U.S. state to establish a Strategic Bitcoin Reserve, allowing up to 5% of public funds to be invested in Bitcoin and other digital assets.
FXStreet
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CoinDesk
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Federal Reserve Anticipation: Investors are closely watching the upcoming Federal Reserve interest rate decision, with many positioning themselves for potential market movements.
Cointelegraph
🔮 Price Predictions
Market analysts have offered varied predictions for Bitcoin's future:
Binance CEO Changpeng Zhao suggests Bitcoin could reach up to $1 million during this cycle.
Bitcoin News
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U.Today
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TradingView
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Options Market Trends: There's notable interest in $300,000 call options, indicating bullish sentiment among traders.
Finance Magnates
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CoinDesk
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Raoul Pal's Forecast: The macro investor envisions a potential rise to $450,000, citing a liquidity-driven supercycle.
TradingView
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U.Today
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