Key results:
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The price of bitcoins slip, but the domination of BTC is increasing.
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Significant purchases according to the strategy and the BTC ETFS spot emphasize the appetite of institutional investors for Bitcoin.
The Bitcoin (BTC) price has dropped by 4.3% in the last three days after almost reaching USD 97,900 on May $ 2. Despite demonstrating resistance of USD 94,000 on May 5, some traders are disappointed that the mighty institutional impact was not enough to maintain a stubborn moment. However, a few encouraging characters suggest that the fresh highest all -time for Bitcoin in 2025 is at your fingertips.
The domination of Bitcoin over a wider cryptocurrency market has increased, currently amounting to 70%, the highest since January 2021. This domination makes more risky altcoins less attractive to fresh market participants.
ETF on Bitcoin Bitcoin registered a net inflow of $ 4.5 billion between April 22 and May 2. At the same time, the growing appetite for bitcoin’s Futures signals growing institutional adoptions, regardless of whether the lever is used to protect the inheritance or stubborn plants.
According to Couminglass, total interest in the Futures Bitcoin contract markets reached 669 090 BTC, which is an raise of 21% from March 5. Even after the Bitcoin price was promoted below USD 75,000 at the beginning of April, the demand for the lever position remained mighty. The open interest in Futures BTC from Chicago Mercantile Exchange (CME) itself exceeds $ 13.5 billion, which indicates a solid institutional demand.
Several factors explain why Bitcoin fought to regain USD 100,000. Traders who bought the Act on the Strategic Bitcoin Reserve in the USA on March 6 are becoming more and more frustrated because the government still has to disclose its BTC Holdings or announce plans for further purchases. In addition, similar bitcoins bills at the state level have repeatedly failed, including the latest failure in the American state of Arizona.
The strategy doubles its plans to take over BTC despite the global trade war
Over the past three months, Gold has exceeded most of the assets, increased by 16%, while Bitcoin has dropped by 5%and S&P 500 improved by 6.5%. This challenged the concept of Bitcoins as an unknown resource, because the cryptocurrency could not be separated from the S&P 500 in connection with the growing economic risk many times. The global trade war prompted investors to favor assets of constant income and money.
A recent fall in Bitcoin to USD 94,000 is particularly disturbing, taking into account that the strategy, the company on the US Stock Exchange led by Michael Saylor, announced the acquisition of 1895 BTC on May 5, after double the capital growth plan to finance subsequent Bitcoin purchases. However, because investors were not previously uncertain as to the ability of the strategy to raise additional capital, an announcement worth $ 84 billion plan May 1 reduced part of this risk.
In order for Bitcoin to reach a fresh level of all time, investors will probably need to placid down that US-Chines trade relations are improving, because the tariffs have a negative impact on the general appetite for risk. Nevertheless, there are key elements of Bull Bull over 100,000 USD.
This article is used for general information purposes and should not be and should not be treated as legal or investment advice. The views, thoughts and opinions expressed here are themselves and do not necessarily reflect or represent the views and opinions of Cointelegraph.
