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As of May 20, 2025, Bitcoin (BTC) is trading at approximately $105,763 USD, reflecting a 1.66% increase from the previous close. The day's trading has seen a high of $106,705 and a low of $102,381.
Bitcoin experienced significant volatility, surging above $106,000 before retracting to around $103,000. This movement led to over $600 million in crypto derivatives liquidations, attributed to a short squeeze and subsequent profit-taking amid macroeconomic uncertainties, including a U.S. credit rating downgrade and inflation concerns.
A notable development includes a $569 million long position on Bitcoin taken by a whale investor on the Hyperliquid exchange, which turned an $18 million profit as of May 20, 2025.
Analysts suggest that if Bitcoin maintains its current trajectory, it could test the $111,500 resistance level. However, a breach below the $99,065 support could signal a potential downturn.
The U.S. Senate has advanced legislation to regulate stablecoins, marking a significant milestone for the crypto market and boosting investor confidence. $BTC
Bitcoin experienced significant volatility, surging above $106,000 before retracting to around $103,000. This movement led to over $600 million in crypto derivatives liquidations, attributed to a short squeeze and subsequent profit-taking amid macroeconomic uncertainties, including a U.S. credit rating downgrade and inflation concerns.
A notable development includes a $569 million long position on Bitcoin taken by a whale investor on the Hyperliquid exchange, which turned an $18 million profit as of May 20, 2025.
Analysts suggest that if Bitcoin maintains its current trajectory, it could test the $111,500 resistance level. However, a breach below the $99,065 support could signal a potential downturn.
The U.S. Senate has advanced legislation to regulate stablecoins, marking a significant milestone for the crypto market and boosting investor confidence. $BTC
As of May 19, 2025, Bitcoin (BTC) is trading at approximately $103,002, reflecting a slight decrease of 0.35% from the previous close. The cryptocurrency has experienced an intraday high of $106,540 and a low of $102,986.
Bitcoin's market capitalization has surpassed $2.1 trillion, indicating strong bullish momentum in the crypto market. The cryptocurrency recently achieved its highest-ever weekly close at just below $106,500, marking a significant milestone.
Analysts predict that Bitcoin could reach $129,096 by May 23, 2025, representing a potential 23.59% increase over the next five days. This optimism is fueled by technical indicators and increased institutional adoption.
In a notable development, Japanese investment firm Metaplanet has acquired an additional 1,004 BTC, bringing its total holdings to 7,800 BTC valued at approximately $812 million.
Additionally, Robert Kiyosaki, author of "Rich Dad Poor Dad," has predicted that Bitcoin's price could reach $250,000, citing factors such as institutional adoption and macroeconomic trends.
These developments underscore the dynamic nature of the cryptocurrency market and the growing interest from both institutional investors and market analysts. $BTC
Bitcoin's market capitalization has surpassed $2.1 trillion, indicating strong bullish momentum in the crypto market. The cryptocurrency recently achieved its highest-ever weekly close at just below $106,500, marking a significant milestone.
Analysts predict that Bitcoin could reach $129,096 by May 23, 2025, representing a potential 23.59% increase over the next five days. This optimism is fueled by technical indicators and increased institutional adoption.
In a notable development, Japanese investment firm Metaplanet has acquired an additional 1,004 BTC, bringing its total holdings to 7,800 BTC valued at approximately $812 million.
Additionally, Robert Kiyosaki, author of "Rich Dad Poor Dad," has predicted that Bitcoin's price could reach $250,000, citing factors such as institutional adoption and macroeconomic trends.
These developments underscore the dynamic nature of the cryptocurrency market and the growing interest from both institutional investors and market analysts. $BTC
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