XRPETF New all-time highs for the price of Bitcoin could occur in May
Data suggests that Bitcoin may reach new highs faster than most expect.

Market Analysis
Key points:
Strong liquidations played a role in Bitcoin's return to $95,000.
The weakened correlation of Bitcoin with stocks highlights its growing independence as an asset.
The bullish positioning of institutional investors contrasts with the caution of retail traders, supporting a rally above $100,000.
Bitcoin
BTC
€82,806
gained 11% between April 20 and April 26, showing resilience by staying close to its two-month high around $94,000. This relief rally followed signals from the Trump administration regarding the relaxation of import tariffs, as well as solid corporate earnings reports.
Investor confidence in Bitcoin was further bolstered by a record $3.1 billion in net inflows to Bitcoin spot exchange-traded funds (ETFs) over five days. However, a key indicator of BTC derivatives showed signs of bearish momentum, raising questions about whether the $100,000 target remains realistic.
Bitcoin perpetual futures contracts are favored by retail traders because their prices closely follow the spot market. A positive funding rate means that buyers are paying to hold their positions, so a reversal in this rate is often linked to bearish trends.
Annualized funding rate for Bitcoin perpetual futures. Source: Laevitas.ch
The pronounced negative funding rates recorded on April 26 are very unusual during bull markets, as they indicate higher demand from sellers. This metric has been volatile since April 14, but sellers were caught off guard when the price of Bitcoin surpassed $94,000. Since e$BTC
