web3y
@web3y
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Bitcoin (BTC) has shown significant volatility in recent months, reflecting both bullish momentum and short-term corrections. As of May 2, 2025, BTC is trading around $96,968, up 1.7% in the past 24 hours and 3.9% over the last week. The price surged to an all-time high of $109,356 on January 20, 2025, driven by strong institutional demand, with U.S. spot ETFs recording $2.68 billion in inflows by late April. The April 2024 halving, reducing miner rewards, has tightened supply, historically a catalyst for price increases. Experts like Anthony Scaramucci predict BTC could reach $170,000 within a year, citing institutional adoption and favorable regulations. 0 reply
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