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Why is Bitcoin price up today?

May 20, 2025
Posted by: admin
Category: BitCoin, Blockchain, Cryptocurrency, Investments

Bitcoin price recovers to $105,000 as multiple BTC market metrics show an improvement in investor sentiment.

Key points:

Bitcoin gained 3% to above $105,000 on May 20, fueled by high open interest in the futures market and increasing institutional demand.

A classic bullish pattern is in play, targeting BTC price at $138,000 and beyond.

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Bitcoin(BTC)$26,051.000.02%
Ethereum(ETH)$1,652.21-0.04%
Tether(USDT)$1.00-0.08%
BNB(BNB)$217.290.72%
XRP(XRP)$0.521.75%
USD Coin(USDC)$1.00-0.04%
Cardano(ADA)$0.260196-0.85%
Dogecoin(DOGE)$0.0631641.33%
TRON(TRX)$0.0774861.09%
Polkadot(DOT)$4.501.99%
Litecoin(LTC)$65.301.07%
Wrapped Bitcoin(WBTC)$26,065.000.00%
Bitcoin Cash(BCH)$189.59-0.41%
Uniswap(UNI)$4.58-0.60%
Stellar(XLM)$0.1229001.01%
Chainlink(LINK)$6.010.48%
Monero(XMR)$141.101.34%
Aave(AAVE)$56.961.06%
Synthetix Network(SNX)$2.06-0.07%
Tezos(XTZ)$0.701.39%
EOS(EOS)$0.581.13%
Theta Network(THETA)$0.641.26%
Bitcoin SV(BSV)$29.94-1.07%
NEM(XEM)$0.025210-0.32%
Bitcoin(BTC)$26,051.000.02%
Ethereum(ETH)$1,652.21-0.04%
Tether(USDT)$1.00-0.08%
BNB(BNB)$217.290.72%
XRP(XRP)$0.521.75%
USD Coin(USDC)$1.00-0.04%
Cardano(ADA)$0.260196-0.85%
Dogecoin(DOGE)$0.0631641.33%
TRON(TRX)$0.0774861.09%
Polkadot(DOT)$4.501.99%
Litecoin(LTC)$65.301.07%
Wrapped Bitcoin(WBTC)$26,065.000.00%
Bitcoin Cash(BCH)$189.59-0.41%
Uniswap(UNI)$4.58-0.60%
Stellar(XLM)$0.1229001.01%
Chainlink(LINK)$6.010.48%
Monero(XMR)$141.101.34%
Aave(AAVE)$56.961.06%
Synthetix Network(SNX)$2.06-0.07%
Tezos(XTZ)$0.701.39%
EOS(EOS)$0.581.13%
Theta Network(THETA)$0.641.26%
Bitcoin SV(BSV)$29.94-1.07%
NEM(XEM)$0.025210-0.32%