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Institutional flows and macro tailwinds are driving renewed momentum across Bitcoin and the broader crypto market.
Crypto markets wrapped up the week with momentum on their side. Traders leaned risk-on, and the charts backed them up, majors closed strong, resistance levels were tested, and altcoins showed signs of life. It wasn’t just optimism, it was follow-through.
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.
Bitcoin remains above US$109,000 after pulling back from a new all-time high, with the rebound attributed to tariff-related market activity. At the same time, major US banks are collaborating on a new stablecoin initiative as XRP adoption increases in Singapore.
Bitcoin officially reached a new all-time high price of US$111,880, fuelled by surging ETF inflows, strong institutional demand, and improved regulatory clarity.
Bitcoin holds firm after breaking US$107K as spot demand and institutional interest grow. In this week’s wrap: fresh forecasts from JPMorgan, Ripple’s real-world XRP pilot, and what the latest dominance data says about altcoins.