$BTC

As of today, Thursday, May 8, 2025, around 7:00 PM CST, the price of Bitcoin is in an approximate range of $95,000 to $103,000 USD. It has experienced moderate volatility in the last 24 hours, showing both upward and downward movements.

The overall market sentiment appears to be cautiously optimistic, with many technical analysts pointing out key support levels that have been maintained. However, resistance in the $100,000 USD zone remains a significant hurdle to overcome for a more substantial bullish momentum.

The trading volume remains relatively high, indicating ongoing interest in the cryptocurrency. Recent news about possible regulations and institutional adoption continues to influence the price. In summary, BTC is in a consolidation phase with a slightly upward trend in the short term, although overcoming key resistance will be crucial to determine its next move.