Key notes
- President Donald Trump threatened a 50% rate on EU imports.
- Bitcoin investors have shown signs of coherent accumulation.
- The BTC ETFs recorded their third weekly entries.
Just after Bitcoin (BTC) broke its preceding $ 109,000 summit, a shocking sales wave was triggered on the side of the United States government.
Bitcoin reached a new ATH of $ 111,970 on May 22, and the global market capitalization of cryptography again exceeded the bar of 3.5 billions of dollars. A day later, US President Donald Trump threatened the European Union with a 50% rate on all imports. Trump said negotiations with the EU did not go well. It brought a huge wave of sales. Bitcoin fell below $ 107,000. However, small and large investors continued their accumulation of bitcoin.
Bitcoin assessment declining
According to Coringlass data, the total balance of bitcoin on centralized exchanges constantly decreased in the last month, going from 2.26 million BTC on April 23 to 2.15 million BTC on May 24. Coinbase and binance with 40,772 BTC and 39.713 BTC exceed last week. The drop in BTC balance on CEX shows that investors are likely to accumulate the main cryptocurrency as long-term investment. This also alludes to a volatility of low prices associated with a regular increase in value. BTC -based BTC -based stock funds in the United States recorded $ 2.75 billion in net entries last week – their third weekly influx – according to Sosovalue data.
The biggest net BTC ETF entry of the week was worth $ 934.7 million on May 22. With the last set of entries, the cumulative value of these investment products based in the United States exceeded $ 44.5 billion. Solid FNB entries suggest that institutional investors have also been optimistic about Bitcoin on their lists.
TBH, it’s a good thing $ BTC Did not continue to tear.
I prefer a slower race towards new heights, with periods of consolidation.
Means that the rally can be more durable, rather than a huge explosion followed by great correction.
+ More time to get good entries.
– Miles Deutscher (@milesdeutscher) May 24, 2025
Even on May 23, when the price threat of the EU appeared, the ETF BTC saw a net influx of $ 211.7 million, according to Sosovalue. Bitcoin currently oscillates at $ 107,700, 4% of the ATH from last week.
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Wahid analyzes and reports on the latest trends in the decentralized ecosystem since 2019. He has more than 4,000 articles in his name and his work has been presented on some of the main outlets, including Yahoo Finance, Investing.com, Cointelegraph and Benzinga. Apart from the reports, Wahid likes to connect the points between Defi and Macro on his newsletter, on Chain Moine.
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