#CEXvsDEX101

Here are the latest key developments in Bitcoin as of May 31, 2025:

1. **Price & Sentiment**: Bitcoin is trading at **$103,849–$104,646**, with the Fear and Greed Index at **50 (neutral)**, indicating market indecision after recent volatility . The crypto market lost **$200 billion** in 48 hours amid U.S.-China trade tensions .

2. **Bullish Signals**: A **$1.52 billion BTC outflow** from exchanges (14,806 BTC) was recorded, led by Coinbase ($936M). Such withdrawals often signal long-term holding and reduced selling pressure, potentially fueling a rally .

3. **Regulatory Shifts**: The **SEC dropped its lawsuit** against Binance and Changpeng Zhao, citing policy changes under the Trump administration. This marks a significant regulatory pivot .

4. **Institutional Moves**: Trump Media & Technology Group announced plans to buy **$2.5 billion in Bitcoin**, positioning itself among the largest corporate holders .

5. **June Outlook**: Analysts project Bitcoin could reach **$120,000** if bullish momentum resumes, though a dip to **$100,000** (or lower) is possible if bearish pressure intensifies .

ETF inflows hit **$9.77 billion net** in May, underscoring strong institutional demand .