#BTCtrade As of May 9, 2025, Bitcoin (BTC) is trading at approximately $102,971, marking a significant rebound from its April lows. This resurgence is attributed to a combination of macroeconomic factors, institutional investments, and evolving regulatory landscapes.

Market Drivers:

Institutional Inflows: Over the past three weeks, spot Bitcoin ETFs have attracted $5.3 billion in inflows, indicating strong institutional interest.

Regulatory Developments: States like Arizona and New Hampshire have enacted laws permitting state involvement with cryptocurrencies, reflecting growing governmental acceptance.

Global Trade Sentiment: Optimism surrounding U.S.-China trade talks and a new U.S.-U.K. trade agreement has bolstered investor confidence, contributing to Bitcoin's price surge.