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A sharp rise in global liquidity is helping fuel renewed momentum across digital assets, with Bitcoin nearing US$110K and altcoins gaining pace.
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.