#CryptoRoundTableRemarks

On May 13, 2025, Bitcoin experienced a slight decline to below $102,400, having previously exceeded $105,000. This decline was due to profit-taking and anticipation of US inflation data. Despite the decline, Bitcoin rose 14% in April, benefiting from easing trade restrictions and expectations of a US interest rate cut. Reflecting growing institutional interest, GFO-X, the UK's first cryptocurrency derivatives exchange, was launched in London. Arizona also announced the establishment of a digital reserve fund, becoming the second state after New Hampshire. These moves indicate growing institutional support for Bitcoin despite market volatility, making it a focus of investor interest in the coming period