Cathie Wood has raised her long-term Bitcoin forecast to as high as $1.25 million, even as the cryptocurrency trades below key resistance levels during another period of macro uncertainty.
Bitcoin briefly reclaimed the $78,000 level in a violent short squeeze that added roughly $30 billion to its market capitalization within an hour, before volatility quickly returned.
Bitcoin fell nearly 10% from its early-May high before reclaiming its monthly open, but Bitfinex analysts say the recovery has so far run out of steam near the weekly open.
The Trump Media Bitcoin treasury entered a new pressure point after reports citing Arkham and Lookonchain-tracked wallets said 2,650 BTC moved to Crypto.com last week. Exchange deposits are commonly read as a sale signal, especially when coins tied to a corporate treasury move from visible storage toward a centralized trading venue.
Bitcoin enters a high-risk zone as ETF outflows top $2 billion and geopolitical tensions shake confidence in BTC's safe-haven narrative.
Bitcoin is at a key test. Heavy long positions below price could trigger liquidations, while weaker spot demand raises doubts about dip buying strength.
Strive's rapid BTC accumulation highlights evolving corporate strategies in crypto investment, potentially influencing future market dynamics. Strive surpasses Coinbase, becomes 7th-largest BTC treasury holder.
Canaan's innovative use of mining waste heat for Nordic heating could redefine energy economics and sustainability in crypto mining. Canaan wins 8 MW hash-to-heat contract to warm Nordic homes with Bitcoin mining waste.
Oil prices and bond yields have opened the week sharply lower following President Trump's weekend announcement of an imminent Middle East agreement.
Bitcoin ETFs Recovery: Bitcoin ETFs posted $38M in inflows on May 25, signaling stabilization after weeks of volatility and heavy outflows earlier in May. Institutional Appetite: Despite macroeconomic pressures, total assets in U.S. Bitcoin ETFs remain above $100B. April's $2.44B inflows highlighted structural strength, while May's moderation reflects short-term caution.
Strategy repurchases 2029 Convertible Notes at 8% below par, boosting BTC Yield to 13.3% year-to-date.
On-chain analysts flagged a series of Bitcoin burn transactions after over $8m in BTC moved into a provably unspendable address tied to unusual wallet activity.