BlackRock Bitcoin ETF Experiences Largest Outflow in History
IBIT is experiencing the largest daily outflow since its launch, and the streak of inflows is coming to an end. The BlackRock iShares Bitcoin Trust (IBIT) has ended an unprecedented 31-day streak of inflows, recording a record daily outflow of $430.8 million on May 30 – the highest figure since the fund's launch in January 2024.
Traders are starting to shift towards major altcoins, such as XRP from Ripple and SOL from Solana, particularly because Bitcoin is consolidating near its historical highs.
After Bitcoin (BTC) set new records at the beginning of the week, attention shifts to the leading coins. Some analysts note that institutional demand and a clear regulatory environment create conditions for powerful movements among top coins.
Recently, XRP formed a "golden cross" with BTC on the weekly chart - a historically bullish signal indicating a potential long-term trend reversal. Since the end of 2020, the ratio between XRP and BTC has remained in a sideways range, but is likely starting to break out after the SEC's decision last month not to appeal the case against Ripple.
Lee also added that SOL could rise to $220-$300 amid speculation about the launch of an exchange-traded fund (ETF), while ADA could potentially break through in the range of $1 to $3... #TradingTypes101
Traders are beginning to shift towards major altcoins, such as XRP from Ripple and SOL from Solana, particularly due to Bitcoin consolidating near its all-time highs.
After Bitcoin (BTC) set new records at the beginning of the week, attention is shifting to leading coins. Some analysts note that institutional demand and a clear regulatory environment are creating conditions for powerful movements among top coins.
On Friday morning, May 23, during the Asian trading session, Bitcoin was fluctuating just below $111,000, with a slight decline amid profit-taking, typical after a rise. Cardano (ADA), Dogecoin (DOGE), and Solana (SOL) rose by up to 4%, while Ethereum (ETH), XRP, and BNB (from BNB Chain) increased by less than 1.5%.
The broad CoinDesk 20 (CD20) index, tracking the most liquid coins by market capitalization, gained 1.2% over the past 24 hours.
Chief Analyst at Bitget Research Ryan Lee told CoinDesk on Telegram that a potential decline in BTC dominance could kick off a broader altcoin season, in which coins like XRP and Solana are in a better position for growth...
🪙 I am closely watching the zone of $108,000–$108,500 for BTC. As soon as we reach these levels — the key will be the price behavior and the presence of a consolidation.
The plan is simple: ▪️ As we approach $108,500 — I will close all open positions. ▪️ If we see a pullback, but without reversal signals — I am ready to re-enter at a better price.
If BTC manages to hold at current levels, the target remains the same: $110,000–$112,000. Liquidity has accumulated above, and it is logical to assume that the market will try to take it.
But in the case of a downward breakout, the next support zone is around $105,000.
For ETH, the picture is similar: when forming a reversal structure near $2,650, I consider entering long.
Despite the doubts, BTC has updated its all-time high — as usual, without clear corrections and chances to 'just get in'.
I believe that soon some liquidity will start to flow into altcoins. It is unlikely to be a full-fledged alt season, but growth in the market is probable. It's too early to relax — the most interesting is yet to come.
Why the market is coming alive: SEC has changed its vector
I want to share my thoughts.
Updating the ATH is not just luck. It is backed by fundamental shifts. One of the main ones is the SEC's (U.S. Securities and Exchange Commission) turn towards supporting crypto.
Here are the official theses of the new head of the SEC: — They will support innovations rather than block them.
☀️ Greetings everyone! BTC — thoughts on the market
The current growth looks too straightforward and 'clean', which the market usually avoids. A more logical scenario would be a move down to the $98,000–$99,000 zone, where accumulation could begin before a new upward impulse to $110,000+.
Why this looks reasonable: • there is no clear dumping of weak players
Key Points and Summary Coinbase Joins S&P 500: Today, May 19, 2025, Coinbase became the first cryptocurrency company to be included in the S&P 500 index, highlighting the growing legitimacy of cryptocurrencies. Metaplanet Buys Bitcoin: The Japanese company Metaplanet acquired 1,004 BTC, increasing its reserves to 7,800 BTC, demonstrating institutional interest.
The price of Bitcoin continues to move within the previously outlined scenario. The long structure remains — the priority is still on growth. The focus is on the area above $106,000, that’s where we are looking.
⚠️ Reminder: Monday is a day when the market often behaves unpredictably. Sharp movements in both directions are possible, so it’s important to stay calm and not make emotional decisions.
Bitcoin storms $105,000: what is behind the rapid rise of the cryptocurrency giant?
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May 14, 2025 — a day that may go down in the history of cryptocurrencies. Bitcoin has confidently surpassed the mark of $105,000, prompting analysts and investors to closely monitor its further movement. What triggered such a rapid rise? Let's try to figure it out.
Beijing will reduce tariffs from 125% to 10% for 3 months, Washington will respond by lowering tariffs from 145% to 30%. The dialogue seems to be working after all.
✨ $ETH everything looks more promising — a real breakthrough may be ahead.
We are maintaining positions but locking in some profits as we rise. Right now, it’s important not to be greedy and to act according to strategy. As always — DYOR. The market rewards those who are prepared. #ETHCrossed2500 #CryptoAdoption $ETH BINANCEEARN
Currently, we expect movement up to the zone of $105,000–$106,500 — there may be a meeting with serious resistance.
Next, a pullback in the range of $95,600–$97,500 is not excluded, from where we will look at market behavior and make decisions. FREE CRYPTOCOIN We are monitoring the situation!
Price forecasts for XRP by 2030 vary significantly depending on analytical approaches and the assumed scenarios for the development of the cryptocurrency market. Below are the main estimates:
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🔝 Optimistic forecasts Bitwise Asset Management suggests that under favorable conditions, XRP could reach $29.32 by 2030. This is based on a CAPM model considering volatility and potential capture of 1–2% of the global tokenization and payments market.