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Current Bitcoin price news (May 12, 2025, 12:11 PM CEST):
The Bitcoin price (BTC) is currently $102,614.91.
Change in the last 24 hours:
* Decline: -1.2%.
* Low: $102,430.43
* High: $105,747.45
* 24-hour trading volume: $58.45 billion
Weekly change:
* Increase: 9.27% in the last 7 days.
Market capitalization and ranking:
* Market capitalization: approximately $2.038 trillion.
* Market ranking: #1.
Important information:
* Bitcoin reached its all-time high of $109,114.88 on January 19, 2025.
* Following the agreement between the US and China to suspend some tariffs, Bitcoin experienced a slight decline.
* Technical analysis shows that Bitcoin's uptrend continues in the medium and long term.
* Market sentiment remains generally positive.
Expectations for the coming period:
* Market analysts believe Bitcoin could target the $105,000 mark.
* Institutional investor interest and inflows from ETFs (exchange-traded funds) are expected to continue.
News:
* It was announced that "American Bitcoin," a US Bitcoin mining project backed by President Trump's sons, has signed a merger agreement to list on the NASDAQ.
* It was announced that a new Bitcoin accumulation formation has been formed through a merger with healthcare company Kindly MD.