🚨BREAKING NEWS TODAY🚨
Below are some notable news developments that directly impact the cryptocurrency market on May 27, 2025:
1. Bitcoin faces profit-taking pressure around the 110,000 USD mark during Memorial Day
As the U.S. stock market is closed for Memorial Day, cryptocurrency hedge funds have taken the opportunity to ramp up futures trading, creating a temporary “leverage” that blocks Bitcoin's rise at the resistance level of 110,000 USD. When futures contracts hit strongly at this level, many profit-taking orders were triggered, preventing prices from breaking the peak. At the same time, BTC is fluctuating between the support level of 109,000 USD and resistance of 112,500 USD—a crucial consolidation area that investors need to closely monitor. According to Investing.com, Bitcoin's price this morning also maintained around 109,500 USD, indicating that demand is not strong enough to break the upper resistance.
2. Ethereum continues its recovery trend, while XRP faces selling pressure
Ethereum recorded a 2.4% increase to 2,551 USD on May 26, 2025, driven by inflows from institutional investors and optimism from the DeFi market. In contrast, XRP fell about 3% below 2.30 USD due to profit-taking pressure and cautious market sentiment ahead of upcoming macroeconomic events.
3. Bitcoin ETF inflows pause, waiting for the U.S. market to open
As major Bitcoin ETF funds in the U.S. are only allowed to buy during official trading hours, the estimated net inflow of 8.36 billion USD since early April was temporarily interrupted today, which may reduce short-term price increases until the U.S. market reopens on May 28, 2025.
$BTC take off
