As of May 28, 2025,$BTC
Bitcoin ($BTC BTC) is trading at approximately $107,323, reflecting a slight decline of about 2.7% over the past 24 hours.
Despite this modest pullback, $BTC Bitcoin remains near its recent all-time high of $111,814 achieved last week.
Analysts suggest that the current consolidation phase is healthy, with indicators pointing to a market that is far from overheated. Notably, Bitcoin has surged 60% since President Trump’s re-election in November 2024.
In corporate developments, GameStop announced the purchase of approximately $513 million worth of Bitcoin, acquiring 4,710 bitcoins as part of its strategic push into cryptocurrency.
Additionally, at the Bitcoin 2025 conference in Las Vegas, Block Inc. (formerly Square) revealed plans to integrate Bitcoin payments into its Square platform by 2026, utilizing the Lightning Network for faster and more cost-effective transactions.
On the regulatory front, U.S. banks are cautiously exploring expansion into cryptocurrencies, awaiting clearer guidance from regulators.
Overall, while Bitcoin experiences short-term fluctuations, the broader trend indicates sustained institutional interest and adoption.