As of June 1, 2025, Bitcoin (BTC) is trading at approximately $105,873, reflecting a slight decline of 0.01947% from the previous close. The intraday high reached $108,865, while the low touched $105,783.
Bhutan has embraced Bitcoin mining using surplus hydropower, aligning with its environmental values. As of April 2025, the country's Bitcoin holdings are estimated at over $600 million, accounting for around 30% of its GDP.
Pakistan announced plans to establish a national Bitcoin reserve, inspired by the U.S. initiative. The government intends to hold Bitcoin in a national wallet without plans to sell, signifying a long-term commitment to digital currency.
Market Overview
Bitcoin recently achieved an all-time high of $111,814 in late May, driven by strong institutional demand, significant ETF inflows, and reduced selling pressure from both short- and long-term holders. The current consolidation phase suggests a healthy market correction, with analysts anticipating potential upward movements if key support levels hold.
Institutional interest in Bitcoin continues to grow. Notably, the U.S. government has established a Strategic Bitcoin Reserve, incorporating over 200,000 BTC seized by federal agencies. This move positions Bitcoin as a national reserve asset and underscores its increasing acceptance in traditional financial systems.
In March 2025, President Donald Trump signed an executive order establishing the Strategic Bitcoin Reserve, incorporating over 200,000 BTC seized from criminal and civil cases. This move positions Bitcoin as a national reserve asset, with the U.S. government holding approximately $20.4 billion in Bitcoin and additional digital assets. Global Bitcoin Holdings: A 2025 Snapshot. Bitcoin's role as a strategic asset has expanded significantly, with various governments, institutions, and corporations increasing their holdings.
Price Predictions
Analysts present varied forecasts for Bitcoin's trajectory in June:
CoinCodex predicts a potential rise to $133,000 by June 1, 2025, based on current market trends and technical indicators.
Changelly forecasts an increase to $139,086.26 in June, assuming continued institutional investment and favorable market conditions. Cointelegraph highlights strong demand from U.S. investors, with technical patterns suggesting a rally toward $118,000 in the near term.
Conclusion:Bitcoin's current consolidation phase, following its recent all-time high, indicates a period of market stabilization. With sustained institutional interest and strategic governmental initiatives, the outlook for Bitcoin remains optimistic. Investors should monitor key support levels and market indicators to navigate potential opportunities in the evolving landscape.
