As of May 30, 2025, Bitcoin (BTC) is trading at approximately $105,998, reflecting a 1.79% decrease from the previous close. Today's trading range has seen a high of $108,865 and a low of $105,332.
This decline is attributed to several factors:
Profit-taking: Investors are securing gains following recent highs.
Economic concerns: The Federal Reserve's recent meeting minutes highlighted persistent inflation risks, leading to market caution. Yahoo Finance
Technical resistance: Bitcoin has struggled to maintain levels above $107,500, indicating potential for further consolidation. TradingView
Despite the current pullback, some analysts remain optimistic. Predictions suggest Bitcoin could reach $120,000 by June, driven by institutional investment and regulatory developments. CoinDeskFinancial Times