Bitcoin Price on May 12, 2025: A Surge Above $105,000
On May 12, 2025, Bitcoin's price surged past $105,000, reaching levels unseen since January 31, 2025. This rally was fueled by easing U.S.-China trade tensions and institutional investments. Analysts predict this momentum could push Bitcoin toward a record high of $150,000, with some even forecasting a potential rise to $500,000 in the current cycle.
The current price of Bitcoin is $104,451, with an intraday high of $105,525 and a low of $103,719.
This bullish trend reflects growing confidence in Bitcoin's role as a hedge against inflation and a store of value. However, investors should remain cautious of potential volatility in the cryptocurrency market. $BTC