$BTC
As of May 30, 2025, Bitcoin (BTC) is trading at approximately $106,041, reflecting a slight decline of about 1.8% from the previous day.
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📉 Market Overview
Recent High: BTC reached an all-time high of $111,891.30 on May 22, 2025.
24-Hour Range: The price has fluctuated between $105,332 and $108,865 in the past 24 hours.
Market Cap: Approximately $2.11 trillion, with a 24-hour trading volume of around $58 billion.
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🔍 Key Factors Influencing the Market
Options Expiry: Today, about 93,000 BTC options expired, with a notional value of $9.79 billion. The "max pain" point was at $100,000, suggesting potential price adjustments as traders rebalance their positions.
Market Correction: After a strong rally, the crypto market is experiencing a cooling phase, with the overall market cap slipping by 2.43% in the last 24 hours.
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📈 Future Outlook
Analyst Predictions: Some analysts foresee Bitcoin reaching $120,000 in the near term, with potential targets up to $200,000 in 2025, based on current market trends and on-chain data.
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If you're interested in more detailed analyses or specific trading strategies, feel free to ask!
