$BTC Today, May 7, 2025, the price of Bitcoin (BTC) is trading around 96,871 USD, up about 3.27% in the last 24 hours.

📈 Market Trends

• Highest price of the day: 97,513 USD

• Lowest price of the day: 93,587 USD

• 24h trading volume: ~33.92 billion USD

• Market capitalization: ~1.922 trillion USD 

🔍 Reasons for the price increase

• Positive market sentiment: The Fear & Greed index reached 67 (Greed), indicating that investors are optimistic. 

• Forecast from CoinCodex: Predicts that BTC price could reach around 121,243 USD in the next 5 days, equivalent to an increase of about 24.86%.

• Technical analysis: Current price patterns are reflecting a strong upward trend similar to the previous surge to 109,000 USD.