Bitcoin is holding steady around $106,000 this Wednesday—just 3% below its all-time high of $109,588 set in January. Meanwhile, $BTC
Open Interest has surged to a new record of $75.14B, often a key signal of bullish momentum in previous cycles. Could we be on the edge of another breakout?
📊 Open Interest at ATH
Data from Coinglass shows BTC futures OI has reached $75.14 billion. Historically, when open interest hits new highs, Bitcoin has followed with explosive moves. More money in = more buying pressure = higher potential upside.
📅 Trump’s $TRUMP Gala: Market Catalyst?
Eyes on Thursday: Former President Donald Trump hosts his “TRUMP Gala” in Washington, tied to the $TRUMP meme coin. Market volatility is expected. Big political and crypto crossovers like this often trigger sharp moves—stay sharp.
📈 Institutional Momentum Continues
According to SoSoValue, $329M flowed into U.S. spot Bitcoin ETFs on Tuesday, marking five straight days of positive inflows. If this pace continues, we could see BTC push past its ATH.
💼 DigiAsia Eyes $100M BTC Move
In a fresh announcement, DigiAsia is exploring a $100M capital raise to build a large Bitcoin position and execute yield-generating crypto strategies.
K33 Research added: “We see SBR as undervalued and are watching events like Trump’s $TRUMP Gala and VP JD Vance’s Bitcoin 2025 keynote on May 28 for signs of crypto-specific executive policy news.”
🚀 Is $BTC heading for $110K? This week could be crucial.
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