This Week’s Crypto Movers & Shakers
1. 💸 Bitcoin Pullback & Institutional Resilience
Price dip: Bitcoin dropped ~1.6% in the past 24 h to around $107,736, after briefly hitting $110,332, slightly off its May all-time high of ~$112k .
Why it matters: Cooler-than-expected U.S. inflation data sparked the pullback. Still, institutional optimism remains—analysts note growing real-world utility, deeper regulatory clarity, and macroeconomic support .
2. 💵 Stablecoins Entering Mainstream
Stablecoin supply has surged to $247 billion, nearly 10% of U.S. physical currency in circulation . Use cases are expanding beyond trading (≈94%) into payments and cross-border transfers.
Regulatory spotlight: U.S. Senate is advancing the GENIUS Act to regulate stablecoins, potentially boosting confidence and adoption .
3. 🚀 May’s Market Surge & ETF Flows
Market rise: In May, crypto soared over 10%, with Bitcoin nearing $112k and strong altcoin, NFT, and ETF action—corporate treasuries added to their holdings, showing institutional appetite .
ETF momentum: U.S. spot Bitcoin ETFs saw $431 M inflows, while Ethereum ETFs kept inflows for 17 consecutive days .
4. 📈 Fed Rate Cut Expectations
The market is nearly certain (~99.9%) the Fed will cut interest rates in June, which could catapult Bitcoin toward $130k and possibly trigger a broader altcoin rally .
Fed cuts + crypto-friendly macro = recipe for summer “altseason”.
5. 🇬🇧 UK Eases ETN Restrictions
The UK’s FCA is proposing to lift its retail ban on crypto-linked Exchange-Traded Notes (ETNs), marking a shift toward regulated mainstream access—but retail access will come with risk disclosures .
📌 Takeaway for Traders & Investors
1. Inflation & Fed policy continue to dominate. A rate cut likely triggers fresh gains.
2. Stablecoins are going mainstream—watch regulation as potential adoption catalyst.
3. ETFs & ETNs are unlocking mainstream exposure channels in both US and UK.
4. Institutional flows point toward sustained longer-term confidence
