As of May 12, 2025, Bitcoin (BTC) is trading at approximately $104,368, reflecting a 0.6% increase from the previous close. The intraday high reached $104,923, while the low was $103,445.
This upward momentum follows a significant surge earlier this year, where BTC surpassed $100,000 for the first time since January. Analysts attribute this resurgence to renewed investor confidence, driven by factors such as the implementation of the U.S. Strategic Bitcoin Reserve and increasing institutional interest. The reserve, established in March 2025, has bolstered confidence in Bitcoin as a national asset, with the U.S. Treasury now holding approximately 200,000 BTC .
Additionally, major financial institutions like Fidelity, Nasdaq, BlackRock, and Invesco are actively participating in discussions about tokenization, indicating a growing acceptance of cryptocurrencies in traditional finance .
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Despite these positive developments, caution remains advisable. BTC's price remains below its January peak and still exhibits correlations with broader markets. Analysts suggest that while the outlook is bullish, short-term volatility may persist due to macroeconomic factors and market dynamics.
In summary, Bitcoin's recent performance indicates a strong bullish trend, but investors should remain vigilant of potential market fluctuations.