bitcoin price today on 2nd may 2025

Bitcoin Price Today on 2nd May 2025 Nears $97K as Bullish Momentum Builds

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Written by IPO Manthan Team

May 2, 2025

The Bitcoin price today on 2nd May 2025 is creating serious buzz in the crypto space, as it trades just shy of the $100K milestone. As of now, Bitcoin (BTC) is priced at approximately $96,771 USD, with steady momentum and positive market sentiment driving hopes of a breakout.

Bitcoin Price Today on 2nd May 2025

Bitcoin is showing remarkable resilience in today’s session. It has held firm above key support levels while edging closer to all-time highs, thanks to strong institutional demand and favorable macroeconomic conditions.

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Key BTC Metrics (2nd May 2025):

MetricValue
Price (USD)$96,771.00
Day’s Low$96,491.53
Day’s High$97,228.35
Market Cap~$1.91 Trillion
24h Trading Volume~$32 Billion

This performance underscores the strength of the ongoing rally, with Bitcoin maintaining a tight trading range and aiming for a breakout.

Bullish Momentum and Market Sentiment

The Bitcoin price today on 2nd May 2025 reflects an overall bullish trend. Technical indicators such as RSI and MACD are flashing buy signals. Bitcoin is holding firm above $96,000, suggesting that the market is gearing up for another major leg upward.

Analysts believe that strong buying pressure from institutional players, along with ETF inflows and the impact of the recent halving, are acting as key catalysts. These are the same factors that historically trigger bull runs every four years.

What Are the Predictions for End of 2025?

There’s no shortage of bold predictions when it comes to Bitcoin’s potential by December 2025. From Wall Street veterans to crypto-native analysts, the forecasts vary widely—but most are optimistic.

Top Bitcoin Price Predictions for End of 2025:

Source/ExpertPredicted BTC Price
CNBC Industry Watchers$200,000 – $250,000
Matrixport$160,000
Galaxy Digital (Alex Thorn)$185,000
SkyBridge Capital (Scaramucci)$170,000
Fundstrat (Tom Lee)$150,000
Gemini (Marshall Beard)$150,000
Investing HavenAvg $100,000 (High $125K), Consensus $200K
Changelly (May)Avg $122,896, High $132,703
Digital Coin Price (Year-End)Avg $210,644, Peak $230,617
Binance$97,124

Bullish vs Bearish Case

The Bitcoin price today on 2nd May 2025 is clearly leaning into the bullish narrative, but experts are also mindful of potential downside risks. Here’s a quick comparison of both scenarios:

Bullish Factors:

  • Increased institutional investment
  • Post-halving supply reduction
  • Positive macroeconomic environment
  • Rising adoption of Bitcoin ETFs

Bearish Risks:

  • Regulatory crackdowns in major economies
  • Environmental concerns over Bitcoin mining
  • Profit-taking near $100K resistance

While the long-term trend seems favorable, these risks can cause short-term volatility and shakeouts.

Bitcoin Price Today on 1st May 2025: BTC Trades Near $95,000 Amid Strong Bullish Momentum

Conclusion: Eyes on the $100K Mark

To sum it up, the Bitcoin price today on 2nd May 2025 sits at a pivotal level. Trading just under $97,000, Bitcoin is showing strong signs of life and continues to gather steam. Market sentiment is bullish, predictions are largely positive, and technicals are aligned for a potential breakout.

If momentum continues and support holds, Bitcoin could finally cross the six-figure threshold—a historic moment that investors around the globe have been waiting for. Whether you’re a long-term hodler or a new investor, all eyes are now firmly fixed on BTC’s next big move.

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We IPO Manthan Team is a team of some experienced writers covering news related to Finance, Sports, Local, Entertainment and other. We have an 5 years of experience in the filed of blogging and social media marketing.

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