BTC/USDT Market Update – May 11, 2025
Bitcoin (BTC) is currently trading at $104,382, showing a +0.62% gain over the last 24 hours. The price continues to hold above the $100K level, reflecting strong bullish momentum in the market.
24h High: $104,857
24h Low: $103,127
24h Volume: ~$45.3B
Market Cap: ~$2.07T
BTC remains in an upward trend after forming a golden cross last month (50-day MA crossing above the 200-day MA), often seen as a bullish signal. Increased institutional interest, ETF inflows, and steady demand are contributing to the current strength.
If BTC breaks above its previous all-time high of $109,588, we may see another wave of strong upward movement.
