$BTC As of May 29, 2025, Bitcoin (BTC) is trading at approximately $107,461, experiencing a slight decrease of about 0.9% over the past 24 hours. The day's trading range has seen lows around $106,769 and highs near $109,053.
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📊 Market Overview
Bitcoin continues to consolidate within the $105,000–$110,000 range, reflecting a period of price stabilization following recent gains. Analysts suggest that a breakout above the $112,000 level could signal a move toward the $120,000 mark.
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🐋 Institutional Activity
Institutional interest remains strong, with Bitcoin ETFs recording inflows of $432.7 million recently. Additionally, the U.S. government has established two national crypto reserves, including a Strategic Bitcoin Reserve, utilizing seized digital assets to bolster national holdings.
#TradingTypes101 TRBUSDT $TRB represents the trading pair of Tellor (TRB), a decentralized oracle network, and Tether (USDT), a stablecoin pegged to the US dollar. This pair is actively traded on major cryptocurrency exchanges such as Binance, OKX, and Bitget.
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📈 Recent Market Performance
As of May 29, 2025, Tellor (TRB) is trading at approximately $64.03, marking a significant 34.51% increase in the past 24 hours. The 24-hour trading volume stands at around $449 million, with a market capitalization of approximately $170.7 million. The circulating supply is about 2.67 million TRB tokens .
Over the past week, TRB has experienced a notable surge, with prices climbing from around $30 to over $64, indicating a 92.6% increase. This upward momentum has been attributed to strong infrastructure developments and increased trading activity .
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📊 Technical Analysis & Trade Setups
Analysts have observed that TRBUSDT recently broke out of a multi-month falling wedge pattern, suggesting a bullish trend. Key price targets identified include:
Target 1: $54.00
Target 2: $56.50
Target 3: $63.00
A stop-loss has been suggested at $48.00, with an entry zone between $50.50 and $51.50. The bullish outlook remains as long as TRB maintains support above the $46–$47 range .