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by: xpoolPosted on: May 3, 2025

Bitcoin Price Approaches $97K, Driven by Institutional Demand and Uncertainties

The Bitcoin price surged past $97,000 on May 3, reaching its highest level in ten weeks. The rise is fueled by substantial institutional investments into U.S.-listed spot Bitcoin ETFs and increased geopolitical tensions. Despite this rally, cautious trader behavior suggests a slowdown in momentum as market uncertainties linger.

Related posts:

  1. Silent Signals in Bitcoin Miner Activity: A Glimpse into Investor Uncertainty
  2. Bitcoin Breaks $97,000 Barrier as Market Excitement Reaches New Heights
  3. Bitcoin’s Dominance Soars, Reaches Four-Year High
  4. €24 Billion Bitcoin Plan Fuels Crypto Market Rally
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