As of June 4, 2025, Bitcoin (BTC) is trading at approximately $105,109, maintaining levels above $100,000 for over 25 consecutive days. The cryptocurrency reached an all-time high of $112,000 in May, driven by strong institutional demand and renewed corporate interest.
Trump Media & Technology Group has announced plans to raise $2.5 billion to invest in cryptocurrencies like Bitcoin, part of a broader push into the crypto market. Additionally, NYSE Arca has submitted a filing to list the Truth Social Bitcoin ETF, aiming to simplify Bitcoin investment for the public.
Technical indicators show a 'golden cross' pattern, suggesting bullish momentum. However, some analysts caution that Bitcoin's price may face resistance, with potential pullbacks if support levels fail to hold.
