$BTC

As of May 12, 2025, Bitcoin is trading above $104,000, driven by optimism surrounding trade negotiations between the U.S. and China. This rally reflects growing institutional confidence, with significant investments in Bitcoin funds. Despite recent volatility, analysts project that Bitcoin could reach $120,000 in the second quarter, provided it maintains the key support of $93,000. The decline in Bitcoin's dominance suggests a possible rotation towards altcoins, indicating a structural shift in the market.