๐ฝ๐๐ฉ๐๐ค๐๐ฃ'๐จ ๐๐๐ฎ 2025 ๐๐ค๐ก๐ก๐๐ง๐๐ค๐๐จ๐ฉ๐๐ง: ๐๐๐ซ๐๐๐๐ฉ๐๐ฃ๐ ๐ฉ๐๐ ๐๐๐๐ ๐จ ๐๐ฃ๐ ๐๐๐ก๐ก๐๐ฎ๐จ
As May 2025 draws to a close, Bitcoin (BTC) has experienced a month of significant volatility. After reaching an all-time high of $111,814 on May 22, BTC has since retraced, currently trading around $105,550.
This pullback is attributed to a combination of factors. Renewed geopolitical tensions and macroeconomic uncertainties have led to a broader decline in the cryptocurrency market, with the total market capitalization dropping by 2.12% to $3.34 trillion. Additionally, rising Market Value to Realized Value (MVRV) ratios and bearish derivatives data suggest potential for further corrections.
Despite these short-term challenges, the long-term outlook for Bitcoin remains optimistic. Institutional interest continues to grow, with firms like Cantor Fitzgerald expanding their crypto initiatives. Analysts predict that Bitcoin could reach $122,112 by November 2025, driven by factors such as ETF fund inflows and the asset's role as a decentralized refuge amid global liquidity boosts.
For investors, this period serves as a reminder of Bitcoin's inherent volatility. While short-term fluctuations are expected, the underlying fundamentals and increasing adoption suggest a positive trajectory in the long run.