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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.
With growing institutional flows and real-world use cases, Ethereum is having a moment.
Despite cooling momentum and ETF outflows, Bitcoin is holding steady around the US$105k zone. At the same time, Asia’s trading volumes picked up, while institutions like Strategy reinforced long-term convictions.
Short-term momentum may have cooled, but long-term sentiment remains bullish for Bitcoin. Currently consolidating at US$105k after dropping from its all-time high price of US$111,980.
As Bitcoin hovers around US$105K, the market is weighing short-term uncertainty against a potentially bullish longer-term shift.
Institutional investment and favourable regulatory signals from both the US and UK helped Bitcoin stay steady above US$107k. This reinforces the path forward for mainstream adoption of crypto and digital assets.