Bitcoin News of the Day – June 3, 2025
Bitcoin (BTC) is holding steady above $105,000, trading at approximately $105,123. Technical indicators suggest a potential breakout, with Bollinger Bands tightening and a bullish MACD crossover observed earlier today. Institutional interest remains strong, as evidenced by increased trading volumes and net inflows into Bitcoin-related investment products. Analysts anticipate that a decisive move beyond the $106,000 resistance level could propel BTC toward the $110,000–$112,000 range in the near term.
In corporate developments, The Blockchain Group has expanded its Bitcoin holdings by acquiring an additional 624 BTC, bringing its total to 1,471 BTC. This move underscores the growing trend of institutional accumulation in the cryptocurrency market.