$BTC

Bitcoin experienced notable price fluctuations during May 2025, surpassing the $105,000 mark at the beginning of the month, driven by optimism regarding trade agreements between the United States and China and expectations of a reduction in U.S. interest rates.

However, prices later fell to around $102,400 as investors took profits, anticipating the release of U.S. inflation data.

On another note, the "Coinbase" platform recorded the largest Bitcoin withdrawal in 2025 on May 9, with over 9,700 Bitcoins withdrawn worth more than a billion dollars, indicating an increasing institutional demand for the digital currency.

In a significant regulatory move, the United Kingdom announced the launch of the GFO-X platform, the first regulated digital asset derivatives trading and central clearing platform in London, reflecting progress in regulating the digital currency market.

At the governmental level, the state of Arizona in the United States signed a law to establish a reserve fund for Bitcoin and digital assets, becoming the second U.S. state to take this step after New Hampshire, in its efforts to keep up with developments in the field of digital assets.

These developments show that Bitcoin remains a focal point of interest for investors and institutions, amidst ongoing challenges related to price volatility and regulatory developments.