$BTC Market Update – May 30, 2025

As of May 30, 2025, Bitcoin (BTC) is trading around $106,000, reflecting a 1.65% decline over the past 24 hours. 

Key Highlights:

• Recent Highs: BTC reached a recent peak of $111,980 earlier this month. 

• Market Cap: Approximately $2.1 trillion, with a 24-hour trading volume of $58.12 billion. 

• Institutional Interest: BlackRock’s iShares Bitcoin Trust (IBIT) recorded $6.2 billion in inflows this month, indicating strong institutional demand. 

Market Sentiment:

Despite the recent dip, market sentiment remains cautiously optimistic, supported by ongoing institutional adoption and favorable regulatory developments.