Bitcoin reached an impressive new summit at 97,800 dollars yesterday, largely crossing the symbolic bar of the $ 97,000, before experiencing a consolidation today at 96,345 dollars on Saturday. This performance remains its highest level since February 2025, in an uncertain global economic context.
In short
- Bitcoin crossed the symbolic bar of $ 97,000 on May 2, 2025, with a higher at $ 97,237.
- The volume of transactions jumped 7.45 % in 24 hours to 3 $ 31.2 billion.
- The dominance of bitcoin on the crypto market is 64.72 %, its highest level in four years.
An impressive increase despite mixed economic data
After touching $ 97,800 on Friday, marking spectacular progression despite worrying economic signals, Bitcoin is consolidating today around 96,345 dollars.
US unemployment figures show an increase in allocations with 18,000 new registrants, bringing the total to 241,000 for the last week of April.
The financial markets have however ignored this news, considering that this increase is simply due to school holidays in New York State and not to real deterioration in the economy.
While Bitcoin rises, gold loses ground with a drop of 2.17 %, standing at $ 3,216 per ounce.
Geoffrey Kendrick of Standard Chartered Bank affirm that ” Bitcoin is better coverage than gold ” To protect yourself against global economic risks. This vision confirms the idea that Bitcoin gradually becomes a refuge in times of uncertainty.
The activity of professional traders confirms this positive trend. The interest in Bitcoin term contracts increased by almost 9 % to 68 billion dollars.
In addition, it is mainly downward bettors who have lost money (more than $ 860,000), which shows that the market is now leaning on the buyers' side.
Institutional people ever more present
The institutional adoption of Bitcoin has an unprecedented acceleration. The Bitcoin ETF attracted more than $ 3 billion in investments in a week, a first since March 2025.
Blackrock continues to dominate this market after a record investment of $ 970 million in Son Etf Bitcoin, recently crowned “Best new ETF »» by Etf.com.
Several companies have also strengthened their exhibition to Bitcoin. Strategy (formerly Microstrategy) now holds 553,555 BTC and plans to acquire up to 860,000, while Metaplanet in Japan has already accumulated more than 5,000 BTC and aims for 10,000 by the end of 2025.
More surprisingly, The Blockchain Group, a European company, has unveiled its ambition to accumulate 260,000 bitcoins by 2033, representing around 1 % of the total offer.
This vague adoption is part of a context where the domination of bitcoin in the crypto market exceeds 64 %, its highest level for four years.
This situation puts altcoins in difficulty, Ethereum representing only 7.4 % of the market, its lowest level since January 2020, while Solana and BNB are struggling to compete despite their technological advantages.
Despite the current break, Bitcoin remains close to $ 100,000. Many experts are now targeting $ 108,000 as the next target. Even more optimistic, Ark Invest estimates that Bitcoin could reach $ 2.4 million by 2030 in the best of scenarios.
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