As of May 23, 2025, Bitcoin (BTC) is trading at approximately $109,150, reflecting a 2.25% decrease over the past 24 hours. The day's trading range has seen lows around $108,322 and highs near $111,819.

Market analysts are closely monitoring Bitcoin's performance, especially considering the recent expiry of significant Bitcoin options contracts. On May 23, 2025, 25,000 Bitcoin options expired with a maximum pain price of $104,000, indicating a tempered market outlook and potential for cautious trading ahead.

Additionally, corporate acquisitions of Bitcoin have surged in 2025, with companies collectively acquiring 205,507 Bitcoins, surpassing the new supply of 64,556 Bitcoins by more than threefold. This trend suggests strong institutional interest and could influence future price movements.

For real-time updates and in-depth analyses, you can visit Binance Square's Bitcoin section.