$BTC As of May 10, 2025, Bitcoin (BTC) is trading at approximately $103,177, marking a significant resurgence from its April low of around $74,000. This upward trajectory is fueled by positive developments in global trade relations, notably the recent U.S.-U.K. trade agreement and anticipation of upcoming U.S.-China negotiations, which have bolstered investor confidence.

Technical indicators suggest bullish momentum, with Bitcoin trading above key moving averages. However, the Relative Strength Index (RSI) nearing overbought territory indicates potential short-term consolidation.

Institutional interest continues to play a pivotal role in Bitcoin's ascent. In the past three weeks, digital asset funds have seen inflows totaling $5.5 billion, with $1.8 billion directed into Bitcoin products. Additionally, states like Arizona and New Hampshire are exploring the integration of Bitcoin into their financial reserves, signaling growing mainstream acceptance.

Looking ahead, analysts project that if current momentum persists, Bitcoin could reach $110,000 by the end of May. However, potential challenges, such as the outcome of ongoing trade negotiations and macroeconomic factors, could influence this trajectory. Investors are advised to monitor these developments closely as Bitcoin navigates this dynamic landscape.