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May 1, 2025

Bitcoin Approaches $97K: Will the Bulls Sustain Momentum?

Bitcoin recently traded between $95,977 and $96,169, showcasing a robust market capitalization of $1.90 trillion. The asset’s 24-hour trading volume stood at $29.88 billion. This activity indicates a cautious yet optimistic sentiment among traders.

Currently, Bitcoin trades within a narrow range, fluctuating between $93,333 and $96,244. This tight trading indicates a mix of upward momentum alongside a need for consolidation among traders. Investors should remain vigilant as Bitcoin makes its approach toward the significant $97,000 mark, a point that could further energize the market.

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