As of May 10, 2025, Bitcoin (BTC) is trading at approximately $103,498 USD, marking a 0.49% increase over the past 24 hours. The intraday trading range has been between $102,520 and $103,978 USD.

Bitcoin's recent upward momentum can be attributed to several factors:

Institutional Inflows: Investors have poured $5.5 billion into digital asset funds over the past three weeks, with $1.8 billion directed into Bitcoin products alone.

Macroeconomic Factors: Traders are betting on potential Federal Reserve rate cuts and are reacting positively to easing trade tensions, which have bolstered market confidence.

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