$BTC

In May 2025, Bitcoin (BTC) experienced notable volatility, briefly surpassing \$105,000 before retreating below \$102,000 due to profit-taking and anticipation of U.S. inflation data . Despite this fluctuation, institutional interest remains strong. On May 13, Coinbase recorded its largest daily Bitcoin outflow of the year, with over 9,700 BTC (valued at more than \$1 billion) withdrawn, indicating growing institutional demand . Additionally, public companies have collectively purchased more than 196,000 BTC in 2025, exceeding the year's new supply by over three times . These developments highlight the increasing institutional adoption of Bitcoin, even as market prices remain volatile.