Current Price (As of March 5, 2025)
As of March 5, 2025, Bitcoin is trading at approximately $87,500 (¥13,000,000). This represents a 4% increase compared to the previous day, with a market capitalization reaching $1.73 trillion. After experiencing significant volatility over the past few days, the market appears to be stabilizing at this level.
Market Data for the Past 24 Hours
- 24-hour high: Approximately $89,000
- 24-hour low: Approximately $81,700
- 24-hour change: +4% (price increase)
- 24-hour trading volume: Approximately $58 billion
Bitcoin has fluctuated between $81,000 and $89,000 in the past 24 hours, experiencing a sharp drop before rebounding. Trading volume remains high, indicating continued market interest.
Key Factors Behind Price Movements
Macroeconomic Factors
Global financial conditions and economic indicators have significantly influenced Bitcoin’s price movements. U.S. interest rate policies and inflation data remain key concerns. The latest Personal Consumption Expenditures (PCE) Price Index report at the end of February indicated a slowdown in inflation, aligning with market expectations. However, the likelihood of imminent rate cuts remains low, keeping investors cautious. As the market closely watches the Federal Reserve’s next moves, Bitcoin’s volatility persists.
Institutional Investor Activity
Institutional investors continue to play a crucial role in supporting Bitcoin’s price. Hedge funds, as well as banks and sovereign wealth funds, have begun increasing their Bitcoin holdings. Additionally, inflows into Bitcoin ETFs have been steadily rising, with many asset managers increasing their Bitcoin ETF allocations in Q4 2024. These institutional movements bring new capital into the market and bolster overall confidence.
Regulatory Developments
The 2025 U.S. presidential administration change has brought a significant shift in crypto policies. The previous Biden administration’s strict regulations have given way to a more crypto-friendly approach under the new government. The SEC has halted investigations into several crypto companies and dropped its lawsuit against major exchange Coinbase, signaling regulatory support for the industry.
Furthermore, President Donald Trump announced a strategic reserve plan for cryptocurrencies, proposing that Bitcoin and select altcoins be included as national reserve assets. Following this announcement, Bitcoin surged over 11%, briefly reaching $94,000. While regulatory easing presents a bullish case for the market, investors remain cautious, awaiting concrete policy implementations.
Conclusion
While Bitcoin has experienced significant volatility over the past 24 hours, it has managed to hold above the upper $80,000 range. Investor sentiment is gradually improving, but macro factors, regulatory announcements, and institutional capital flows will continue to drive price movements. Investors should remain vigilant, closely monitoring regulatory progress and market liquidity changes to make informed decisions.
