🚀 Bitcoin has surpassed the $95,000 mark.
The price of Bitcoin has risen by 11%, reaching $95,684 — the highest since February 2025. This is attributed to the weakening of the US dollar and positive statements from President Donald Trump regarding the retention of Federal Reserve Chairman Jerome Powell. Significant inflows were also observed in spot Bitcoin ETFs, including ARK 21Shares and iShares Bitcoin Trust, with a total investment volume exceeding $381 million in a day.
📊 Ethereum and Altcoins
Ethereum rose by 8%, reaching $1,700, despite a 49% decrease since the beginning of the year. Solana gained 5.5%, and XRP increased by 4.2%. Additionally, CME Group announced the launch of XRP futures on May 19, indicating growing institutional interest in altcoins.
🏦 Regulatory and Institutional Steps
President Trump signed an executive order to create a strategic Bitcoin reserve in the US, which has sparked interest from institutional investors and may contribute to further market growth. Additionally, the US Federal Reserve eased restrictions on banks providing cryptocurrency services, which also supported the positive sentiment in the market.
📈 Institutional Investments
Strategy (formerly MicroStrategy) acquired 6,556 BTC for $555.8 million, increasing its holdings to 538,200 BTC. Additionally, Twenty One Capital, backed by Tether, Bitfinex, and SoftBank, plans to become the third-largest holder of Bitcoin with assets worth approximately $3.9 billion.
🔮 Forecasts and Risks
Analysts believe that if Bitcoin breaks the resistance level at $96,000, it could establish a new all-time high. However, Bitcoin's dominant role in the market means its correction could negatively impact altcoins.
📅 Upcoming Events
• April 25: SEC Roundtable on Cryptocurrency Regulation.
• May 19: Launch of XRP futures from CME.
• May 22: Bitcoin Pizza Day — a commemorative date in the crypto community.
