Crypto News

Bitcoin Sales to 93.5k dollars is a short hiccup – data continues to support new BTC Highs 2025

Key separation:

  • Bitcoin price slides, but BTC domination is on the rise.

  • Significant purchases according to the Strategy and Spot BTC ETFS emphasize the appetite of institutional investors for Bitcoin.

Bitcoin’s (Btc) The price fell by 4.3% in the last three days after it almost reached $ 97,900 May 2. May. Despite demonstrated at 94,000 dollars, 5. May, some traders are disappointed that strong institutional inflows were not enough to create strong institutional inflows were not enough to pray. However, several encouraging signs suggest that it is new to Bitcoin in 2025. Other in range.

Bitcoin Sales to 93.5k dollars is a short hiccup - data continues to support new BTC Highs 2025
Market share Bitcoin excluding stablecoins. Source: TradingView / CoinTelegraph

The dominance of bitcoin during the wider market of the cryptocurrent market, which currently stood at 70%, which has been 2021 from January. Years. This happened despite the wave of new tokens, including several top projects, such as Sui, Toncoin (Toncoin (Toncoin), Ethenia (Tao), Ethensor (Tao). This domination makes more risky altcoys at new market participants.

Spot Bitcoin ETFS has been recorded $ 4.5 billion Net inflow Between 22. April and 2. May at the same time, increasing appetite for Bitcoin Futures signals increasing adoptions institutional whether it is used to protect from deficiency or bullish.

Bitcoin Sales to 93.5k dollars is a short hiccup - data continues to support new BTC Highs 2025
Bitcoin Futures Aggregate Open Interest, BTC. Source: Koinglass

According to coigentza, total open interest The Bitcoin Futuresus markets reached 669,090 BTC, from 21% growth from 5. March. Even after Bitcoin’s price crashed below $ 75,000 in terms of position setting other powerful demand open interest in BTC Futures exceeding 13.5 billion dollars, indicating robust institutional demand.

Several factors explain why Bitcoin struggled to regain the level of $ 100,000. Merchants who bought in anticipation of the US Strategic Bitcoin Reserve Draft Law 6. Marta grows all frustrated, because the government has yet to detect its BTC Holdings or announce plans for further purchases. In addition, similar bitcoin accounts Bitcoin repeatedly failed, including the latest Return to Arizona US State.

Strategy doubles its plans to buy BTC despite the global trade war

Over the past three months, gold surpassed most of the property, growing 16%, while Bitcoin reduced by 5%, and the S & P 500 corrected 6.5%. It challenged the notion of bitcoin as an unsuccessful asset, because the cryptocurrency has not denied several times from S & P 500 in the midst of growing economic risks. The global trade war led to investors to favor funds for fixed income and cash positions.

Bitcoin Sales to 93.5k dollars is a short hiccup - data continues to support new BTC Highs 2025
5-year yield of the Ministry of Finance (left) in relation to BitCoin / USD (right). Source: TradingView / CoinTelegraph

The recent decline of Bitcoin to $ 94,000 especially refers to a given strategy, announced the company listed in the US led by Michael Sailor, she announced Acquisition of 1,895 BTC 5. May, after the doubt of its capital increase in capital to finance further purchases Bitcoin. However, since investors were previously sure of the ability to raise additional capital, an announcement of $ 84 billion plan 1. Maja reduced some of this risk.

In order for Bitcoin to achieve new all the time, investors will probably need a belief to improve the US trading relationships, because tariffs negatively affected the overall risk appetite. However, key elements for BTC Bull Run more above $ 100,000 seem to be in effect.

This article is for general information on the need and should not be taken as legal or investment advice. The views, thoughts and opinions are presented here, the author itself is not necessarily reflected or represent the views and opinions of the cointelegraph.