As of May 29, 2025, Bitcoin (BTC) is trading at approximately $108,513, reflecting a slight decrease of 0.07% from the previous close.
Throughout May, BTC has demonstrated a steady upward trend. Early in the month, prices hovered around $86,000, and have since climbed to over $108,000. This growth is attributed to increased institutional adoption, favorable regulatory developments, and heightened investor confidence. Notably, Bitcoin miners have experienced significant gains, with some stocks reaching two-month highs.
Analysts remain optimistic about Bitcoin's trajectory, with projections suggesting potential highs of $145,000 to $225,000 by the end of the year, driven by strong institutional interest and favorable market conditions.
