DAILY CURATION OF BTC @STEEMIT
As of May 1, 2025, Bitcoin (BTC) is trading at approximately $95,403 USD, reflecting a modest daily gain of about 0.57%. The cryptocurrency has shown resilience, maintaining levels near $95,000 despite cooling ETF inflows and ongoing economic uncertainties.
In April, Bitcoin experienced a significant rally, climbing nearly 20% and recovering from earlier losses. This upward momentum is attributed to sustained interest from institutional investors and positive market sentiment. However, recent U.S. economic data, including a negative GDP growth and weaker-than-expected employment figures, have introduced caution among investors.
Looking ahead, some analysts are optimistic about Bitcoin's potential. A historical pattern, known as the "Bitcoin aging chart," suggests that if past trends hold, Bitcoin could see a sixfold increase, potentially reaching above $350,000 in 2025.
Despite short-term fluctuations, Bitcoin's market capitalization remains robust, standing at approximately $1.89 trillion USD. The cryptocurrency continues to be a focal point for investors navigating the evolving economic landscape.