Bitcoin reached an impressive new summit for $ 97,800 yesterday, largely exceeded the symbolic bar of $ 97,000 before they experienced a $ 96,345 consolidation on Saturday today. This performance remains its highest level since February 2025, in an uncertain global economic context.
In short
- Bitcoin crossed a symbolic bar of $ 97,000. May 2, 2025 with a higher to $ 97,237.
- The transaction volume jumped by 7.45 % per 24 hours to $ 31.2 billion.
- The dominance of bitcoins on the market market is 64.72 %, its highest level in four years.
An impressive increase in spite of mixed economic data
After touching $ 97,800 on Friday, he described a spectacular procedure despite the disturbing economic signal, Bitcoin is now consolidated by around $ 96,345.
Unemployment data in the US shows an increase in allocations with 18,000 new registration applicants, which will increase 241,000 in the last week of April.
However, the financial markets ignored this report, given that this increase is simply due to school holidays in New York and not the real deterioration of the economy.
While Bitcoins rises, gold loses the soil with a drop of 2.17 %, standing at $ 3,216 per ounce.
Geoffrey Kendrick of Chartered Bank Standard says ” Bitcoin is better coverage than gold ” To protect yourself from global economic risks. This vision confirms the idea that Bitcoin is gradually becoming a refuge in times of uncertainty.
The activity of professional traders confirms this positive trend. The interest in bitcoin term contracts increased by almost 9 % to $ 68 billion.
In addition, it is mainly descending Bettors who have lost money (more than $ 860,000), which shows that the market is now based on buyers’ side.
Institutional people increasingly present
The institutional acceptance of bitcoins has an unprecedented acceleration. Bitcoin ETF has attracted investments more than $ 3 billion per week, first since March 2025.
Blackrock continues to dominate this market after a record investment of $ 970 million in Son ETF Bitcoin, recently crowned “the best new ETF »» Author: ETF.com.
Several companies also strengthened their exhibition at bitcoins. The strategy (formerly Microstrategy) now holds 553 555 BTC and plans to obtain up to 860,000, while the metaplanet in Japan has accumulated more than 5,000 BTC and by the end of 2025 aims to 10,000.
More surprising, Blockchain Group, European company, introduced 260,000 bitcoins by 2033 by 2033, which represents approximately 1 % of the total offer.
This vague adoption is part of a context where the domination of bitcoins on the market crypto exceeds 64 %, the highest level for four years.
This situation builds altcoins in difficulties, Ethereum represents only 7.4 % of the market, its lowest level since January 2020, while Solana and BNB seek to compete despite its technological benefits.
Despite the current break, Bitcoin remains nearly $ 100,000. Many experts now target $ 108,000 as another goal. Even more optimistic, Ark Invest estimates that Bitcoin could reach $ 2.4 million by 2030 in the best scenarios.
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Passionate Bitcoin, I like to explore meanders blockchain and cryptos and share my discoveries with the community. My dream is to live in a world where privacy and financial freedom is guaranteed for everyone, and I firmly believe that Bitcoin is a tool that can make it possible.
Renunciation
The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.
