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#BTC
As of today (May 12, 2025), here are the latest data and some important points about Bitcoin (BTC):
Price:
* USD: Currently trading between approximately 103,900 - 104,300 USD. Prices may vary slightly depending on exchanges.
* Intraday Range: Ranged between approximately 103,588 USD (lowest) and 105,030 USD (highest).
Market Value:
* Around 2.06 Trillion - 2.09 Trillion USD.
24-Hour Trading Volume:
* Around 30 Billion - 49 Billion USD.
Market Dominance:
* Bitcoin's market dominance accounts for approximately 61% - 63% of the overall cryptocurrency market.
Latest Developments and Analysis:
* US-China Trade Talks Effect: It is stated that optimism regarding trade talks between the US and China provides general relief in the markets and positively affects the Bitcoin price.
* Resistance Level: Technical analysis shows that the 105,000 USD level is being monitored as a significant resistance point. It is said that if this level is exceeded, new increases may begin.
* Institutional Interest: It is stated that institutional investors continue to be interested in Bitcoin ETFs and that this is a factor supporting prices.
* Analyst Expectations: Some analysts predict that further upward movements may be seen if Bitcoin remains above 100,000 USD.
#Upcoming CPI Data Release
#ETH Surges Sharply in 3 Days
#MOODENG & PI & GOAT Surge