Bitcoin holds above US$107K as geopolitical relief, ETF inflows, and institutional buying drive confidence. Japan eyes tax reform, Mastercard expands access, and macro data paints a mixed but stabilising picture.
Bitcoin regains footing above US$101K after briefly falling below US$100K, as geopolitical tensions shake markets. Stablecoin regulation, blockchain adoption, and slowing network activity defined a volatile week in crypto.
Bitcoin barely moved from US$105k this week as markets digest Fed signals and geopolitical changes. This week's wrap covers major stablecoin moves, tax updates, and shifting global economic outlooks.
Bitcoin briefly climbed past US$110,000 early last week before retracing to around US$105,000 following heightened geopolitical tensions, including Israeli airstrikes in Iran. Traditional safe-haven assets like gold and the US dollar gained, while crypto markets broadly pulled back on risk-off sentiment.
Despite recent volatility, BTC is showing strength above US$105K, with ETH gaining traction and major market drivers ahead.
Approaching its all-time high, Bitcoin sees cautious trading despite a record US$167 billion in crypto fund assets in May, driven by investor diversification. Ethereum derivatives surpass Bitcoin volume. BlackRock’s ETF grows rapidly.