One crypto analyst said the next technical resistance lies near $4.5 trillion, with potential downside risks in macroeconomic conditions.
Earlier this week, XRP flipped Tether's USDT to become the third-largest cryptocurrency by market capitalization.
As the price of bitcoin crossed $115,000 for the first time, BlackRock's IBIT became the fastest-ever ETF to cross $80 billion in AUM.
Bitcoin Cash emerged as a notable exception, posting a 25% return that significantly outpaced Bitcoin's modest gains.
While it’s still too early to say with certainty, we could be on track for another muted summer stretch ahead.
Bitcoin, ether, and other cryptocurrencies saw gains on Thursday morning, driven by increased liquidity and positive tariff news from the U.S.
Standard Chartered expects the second half of 2025 to deliver bitcoin’s largest dollar rally ever and sees the coin at $200,000 by year's end.
The Bernstein analysts expect the stablecoin market to reach $4 trillion over the next decade from around $244 billion today.
The trajectory suggests capital flows continue to favor BTC over smaller digital assets, potentially delaying the onset of an altcoin rally.
Kronos Research CIO Vincent Liu said traders are now watching macro signals to see whether this rally would last long-term.
Crypto markets continue oscillating amid geopolitical tension and bullish long-term catalysts supporting demand.
Altcoins were hit especially hard by the decline in prices, while the top 30 cryptocurrencies by market capitalization held up slightly better.
"$100k isn’t just support anymore — it’s being cemented in investors’ minds as the base price," said Nic Puckrin, founder of The Coin Bureau.
Wall Street infrastructure is rapidly capturing market share from crypto-native exchanges as ETF-based trading surges 15% since October.
Analysts point to broader concerns as compounding market stress, though some say Bitcoin could soon recover if key resistance levels hold.
Analysts said the public dispute between U.S. President Trump and Elon Musk hit the already fragile and over-leveraged market.
This muted search activity comes as top memecoins have surged ~50%, according to the GMCI memecoin index, in the last month.
Ethereum has yet to see a material increase in activity despite recent successive upgrades, according to JPMorgan analysts.
By tapping capital markets and pledging to accumulate BTC, both firms amplify Bitcoin beta through corporate leverage.
Despite BTC trading at all-time highs as of the time of writing, open interest (OI) paints a more nuanced picture.
Solana may lag Ethereum in the near term until new use cases beyond memecoins gain traction, according to Standard Chartered.
Strategy also purchased $427 million worth of bitcoin, and crypto investment products saw inflows of $3.3 billion last week.
Bitcoin and other equities slid Friday as Trump renewed trade tensions with the EU and threatened Apple for offshore product assembly.
The previous all-time high for Bitcoin was around $109,350, set back in January as President Donald Trump assumed office.
Government entities increased their MSTR holdings in Q1, including first-time buys by Saudi Arabia and France, Standard Chartered said.
Bitcoin could keep rising at gold’s expense in the second half of the year, boosted by corporate buying and growing support from U.S. states, according to JPMorgan analysts.
Bitcoin is up nearly 4% on the day and 27.4% over the past 30 days. This is the first time BTC has seen $100,000 since February.
One analyst said bitcoin could retest its all-time high if it holds above the $100,000 line in upcoming sessions.
Bitcoin’s 30-day Pearson correlation to gold has sharply rebounded from -0.67 in February to 0.54 in late April.
Historic BTC outflows from centralized exchanges and whale accumulation seemingly dampened Friday's $7.2 billion bitcoin options expiry.