$BTC As of May 16, 2025, Bitcoin (BTC) is trading at approximately $104,050 USD, reflecting a 1.19% increase over the past 24 hours. The cryptocurrency has experienced intraday fluctuations, reaching a high of $104,305 and a low of $101,760. This movement follows a recent dip to around $101,900, influenced by profit-taking and broader macroeconomic concerns.
Despite these short-term fluctuations, Bitcoin remains near its three-week highs, buoyed by factors such as strong ETF inflows and high network activity. Analysts suggest that, barring significant market disruptions, Bitcoin could target new highs in the coming months.
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