Bitcoin, widely discussed in global markets, is currently priced at 104,081.73 dollars. However, the decrease in trading volume and moderating profits raise questions about future trends.
Current State of Bitcoin Market
As of May 14, 2025, the price of Bitcoin stands at 104,081.73 dollars, reflecting a 0.34% increase from the previous day. The market capitalization of the cryptocurrency has reached 2.06 trillion dollars, while its fully diluted valuation is 2.18 trillion dollars.
Price Dynamics and Trading Volumes
The 24-hour trading volume has decreased by 13.29%, currently at 50.26 billion dollars, which may signal trader caution. Nevertheless, despite these shifts, there remains robust support from buyers. Daily fluctuations indicated dips below 103,500, followed by rapid recoveries.
Conditions for Possible Correction
Despite Bitcoin's high spot prices, the cooling of realized returns and trading volumes suggests a loss of momentum. Trends related to the 30-day simple moving average indicate possible corrections or consolidations in the market. These signs may indicate upcoming fluctuations before the release of macroeconomic news.
The current situation with Bitcoin showcases stable price levels, but a decline in trading volumes and realized returns introduces elements of uncertainty into the market. Participants should closely monitor future trends and economic indicators.
