As of May 12, 2025, Bitcoin (BTC) is trading at approximately $104,477 USD, showing a slight decrease of 0.00063% from the previous close. The day's trading range has seen a high of $105,525 and a low of $103,719.
This stability follows a significant rally last week, where BTC gained over 10%, buoyed by positive developments in global trade relations. Notably, the recent U.S.-China agreement to reduce tariffs has improved investor sentiment, contributing to Bitcoin's price surge.
Analysts suggest that Bitcoin's current consolidation around the $104,000 mark may be a precursor to further upward movement, especially if macroeconomic conditions remain favorable. Factors such as potential Federal Reserve interest rate cuts and ongoing geopolitical developments are being closely monitored by investors.
