Bitcoin price reclaimed a bullish edge this week, topping $111,000 for the first time in its history and rallying more than 33% over the past month. The surge reflects institutional demand, ETF inflows, and growing confidence in U.S. regulatory clarity. Inflows into U.S. Bitcoin ETFs alone surpassed $3.6 billion in May, their largest monthly total since January, while Bitcoin briefly touched $111,816 during Asian trading on May 22, 2025. At the same time, the U.S. Senate moved forward on the bipartisan GENIUS Act, a stablecoin regulation bill analysts say could expand the market from $248 billion today to $2.5 trillion by 2030. Traders are now pricing in targets between $125,000 and $300,000 by late June. Bitcoin Price Hits New ATH Bitcoin price jumped as much as 2.2% to $111,492 in early Asian trading on May 22, 2025, before settling slightly lower. The rally sent Bitcoin’s one-month gain to over 33%, reversing a 25% correction from its January high above $100,000. BTC/USDT Chart| Source: TradingView Ethereum rose 4.5% to $2,619, and Solana climbed 1.9% to $176, underscoring a broad crypto upswing. According to FundFlows data, U.S. Bitcoin ETFs drew more than $3.6 billion in new capital this month, their largest inflow since January 2025. Strategy, the largest publicly traded Bitcoin holder, boosted its position by over $50 billion this quarter, reinforcing a trend of corporate accumulation. Twenty-One Capital, backed by Cantor Fitzgerald and SoftBank, also announced significant Bitcoin purchases, mirroring Strategy’s model. On May 20, 2025, the U.S. Senate passed a procedural vote on the GENIUS Act, a bipartisan bill to regulate dollar-pegged stablecoins. Market participants view the legislation as a critical step toward clearer rules and reduced legal uncertainty for crypto firms. Under the new framework, Standard Chartered projects stablecoin market growth to $2.5 trillion by 2030, up from $248 billion today. Options Market Sentiment Deribit data show peak open interest around the $110,000, $120,000, and $300,000 strike prices for contracts expiring June 27, indicating traders expect further gains. Options traders now forecast a rally to $120,000 by month-end, with bullish positions swamping bearish bets. Analysts at Deutsche Bank note that easing U.S.-China trade tensions and a softer dollar have reinforced Bitcoin’s appeal as a hedge. Tony Sycamore of IG Markets described the January–April pullback—from above $100,000 to below $75,000—as a healthy correction within a longer uptrend. Bloomberg reported that growing bipartisan support in Congress for crypto regulation underpins renewed institutional interest. Bitcoin’s ascent above $111,000 underscores that market sentiment now hinges as much on policy and institutional flows as on macroeconomic trends . The convergence of ETF inflows, corporate purchases, and stablecoin legislation has reignited investor confidence. As the GENIUS Act progresses and options markets price in even higher targets, traders and investors alike will watch to see if Bitcoin can sustain its momentum and reassert its role as a leading digital asset. BTC is currently trading at $110,480 after a slight correction from new ATH, according to CoinGecko data. The crypto king is up 3,8% over the past 24 hours.

2025-05-22 13:32

According to cryptocurrency traders and investors, altcoin season, a period when alternative cryptocurrencies outperform the leading asset Bitcoin, is expected to kick off anytime soon. As if to validate their sentiments, new market data hints at an Ethereum bottoming, with several major altcoins showing similar promising signals. According to data from the on-chain analytical platform Cryptoquant, the relative price of the second-largest cryptocurrency by market cap, compared to Bitcoin, might have seen its bottom. This development is considered bullish for the altcoin market, as it could “signal the beginning of an Alt season,” CryptoQuant wrote. Key Altcoins Showing Recovery Signs The ETH/BTC price ratio has skyrocketed by 38% over the last week. This upward movement comes after the ratio hit the lowest level recorded since January 2020. As displayed historically, the ratio level has indicated a relative bottom for ETH and exceeded the larger altcoin outperformance. Similar patterns are emerging across other major altcoins. XRP, which has been consolidating near multi-year lows against Bitcoin, is showing signs of accumulation as institutional interest in Ripple’s payment solutions continues to grow. The recent regulatory clarity around XRP has positioned it as a potential breakout candidate during this emerging altcoin cycle. Solana has demonstrated remarkable resilience, with its ecosystem activity remaining robust despite broader market pressures. The blockchain’s high-performance capabilities and growing DeFi ecosystem have attracted significant developer activity, creating a foundation for potential outperformance as altcoin season gains momentum. Meanwhile, Cardano has been quietly building momentum through its steady development progress and upcoming network upgrades. The smart contract platform’s methodical approach to development has created a loyal community base, and technical indicators suggest ADA may be primed for a significant move alongside Ethereum’s recovery. Even meme coins are participating in the early signs of altcoin season revival. Despite its speculative nature, Shiba Inu has maintained strong community engagement and has been developing utility through its ecosystem expansion, including the ShibaSwap DEX and upcoming layer-2 solution. Technical Analysis Confirms Bottom Formation Putting the current market trend into perspective, excerpts of CryptoQuant’s analysis reads: “ETH recently entered an extreme undervaluation zone relative to Bitcoin, based on the ETH/BTC MVRV metric, for the first time since 2019. Historically, similar conditions in 2017, 2018, and 2019 were followed by periods where ETH outperformed Bitcoin significantly, signaling strong mean-reversion potential.” This pattern extends beyond Ethereum. XRP’s technical indicators show oversold conditions similar to those seen before its previous major rallies, while Solana’s on-chain metrics demonstrate continued network growth despite price suppression. Cardano’s development activity remains high, suggesting fundamental strength that could translate to price appreciation once market sentiment shifts. Remarkably, the increase in demand for ETH relative to Bitcoin as well as the decline in selling pressure, is another market trend affirming ETH’s recent underperformance and possible bottom against Bitcoin. Similar accumulation patterns are visible across the altcoin spectrum, with smart money quietly positioning for the expected altcoin resurgence. Volume Surge Indicates Renewed Interest Another key event validating the presence of altcoin season is the price in the relative ratio of ETH’s spot trading volume, which hit 0.89, a level last seen in August 2024. As the analysis highlighted, this development points to an increase in traders, holders, and investors’ exposure to ETH in comparison to Bitcoin. The volume surge isn’t limited to Ethereum. XRP has seen increased whale activity, with large transactions suggesting institutional accumulation. Solana’s trading volume has maintained healthy levels despite market volatility, while Cardano has experienced renewed retail interest following recent development milestones. Even Shiba Inu has maintained surprisingly consistent trading volume, indicating sustained community engagement. It bears mentioning that this pattern was experienced from 2019 to 2021, a time when ETH outpaced Bitcoin by increasing its value by four times its price. During that same period, other major altcoins experienced even more dramatic gains, with some assets delivering 10x to 100x returns as the altcoin season peaked. Market Outlook At press time, the second-largest cryptocurrency by market cap is valued at $2,672 per coin, while XRP trades around key support levels. Solana maintains its position as a top-10 cryptocurrency, Cardano shows signs of breaking from its consolidation pattern, and Shiba Inu continues to benefit from meme coin momentum. As these technical and fundamental indicators align, the cryptocurrency market appears to be setting the stage for what could be the next significant altcoin season, with Ethereum leading the charge and major altcoins like XRP, Solana, Cardano, and even speculative assets like Shiba Inu positioned to potentially benefit from the shifting market dynamics.

2025-05-22 13:26

Prominent attorney and cryptocurrency personality Bill Morgan has outlined the next possible steps for crypto giant Ripple and the U.S. Securities and Exchange Commission after District Court Judge Analisa Torres rejected the proposal between both parties. On May 16, 2025, Judge Torres denied the joint request from Ripple and the SEC because it was a procedure she considered improper. Torres added that the request was also not within her jurisdiction because the case is still under appeal. However, if it was, the Judge asserted that the motion would still be denied, as it did not address Rule 60, which oversees the justification of relief requests from final judgments. While the court’s denial focused solely on the procedure and did not hint at any disapproval of the settlement, the procedural situation has now prolonged the case. However, attorney Bill Morgan maintains that the settlement agreement has not been rendered useless; it remains whole. Possible case scenarios for Ripple and the U.S. SEC The attorney added that should an indicative ruling be obtained from the Judge, both parties could file a motion to the Court of Appeals for a limited remand to seek relief agreed between Ripple and the SEC from Judge Analisa Torres. If the limited remand is granted, both parties could file a motion with the Judge seeking the relief they initially agreed upon. Bill Morgan further explained that with the dissolution of the injunction and the payment of the $125 million civil fine, now reduced to $50 million, both parties could file a motion with the Second Circuit Court to dismiss the Appeal and cross-appeal. At this stage, Bill Morgan explained that another joint motion by both parties, which is considered “procedurally correct”, could be filed. Notably, the attorney conclusively acknowledged the recent remarks made by Stuart Alderoty, the Chief Legal Officer at Ripple, who is convinced that both Ripple and the U.S. regulator will work together in court while addressing the issues raised by the Judge. Nothing in today’s order changes Ripple’s wins (i.e. XRP is not a security, etc). This is about procedural concerns with the dismissal of Ripple’s cross-appeal. Ripple and the SEC are fully in agreement to resolve this case and will revisit this issue with the Court, together. https://t.co/vBQdBD3FNe — Stuart Alderoty (@s_alderoty) May 15, 2025

2025-05-22 12:00

The largest cryptocurrency by market cap reclaimed the $100,000 price mark over a week ago and has managed to sustain momentum above that level. Interestingly, Bitcoin’s near-term price outlook remains bullish , as market experts have spotted key market patterns that further strengthen the leading asset’s already optimistic outlook. More recently, the pseudonymous analyst TradingShot shared a post to TradingView, a crypto data provider, in which he highlighted how “Bitcoin has unfolded a very interesting pattern since its April 07 bottom.” As the analyst asserted, since the asset’s bottom at $74,500, the big bull has continuously targeted all 10k intervals above it, from $74,000 to $84,000 and $94,000. Notably, the asset is now hovering around the $104,000 mark. Upon hitting the aforementioned price levels, Bitcoin witnessed a price consolidation, forming what the analyst calls a “structured Channel Up.” While the “Channel Up” may not be sustained long-term, its consistency thus far suggests that the asset could go on to target price levels above the $100,000 mark, with key prices sitting at $114,000, $124,000, and $134,000. “If this pattern continues to hold for as much time as it has since the bottom, then we may see $134k by late June/ early July.” The analyst wrote as a conclusive observation. Although Bitcoin is slightly down from its all-time high of $109,114, Bitcoin bulls have soared by 22.68% in the last 30 days. During the time of this report, Bitcoin is trading at a press time price of $103,596, with only 0.15% in weekly losses and 0.01% worth of gains sustained over the last hour. It is worth noting that the global cryptocurrency market is trading upwards, with a total market cap valuation of $3.49 trillion and gains over the last 24 hours sitting at 3.97%.

2025-05-22 11:55

The market outlook for ADA is becoming increasingly bullish, courtesy of the asset’s continued upward movement in May. According to a market expert, the second half of the month looks even more promising for the altcoin. In a recent post shared with X, prominent pseudonymous analyst Ali_Charts shared a potential scenario for the 9th-largest cryptocurrency by market cap. The analyst forecasted $1 as a potentially attainable near-term price point for ADA bulls. As depicted in his ADA technical chart, which dates back to December 2024, a long-term bullish formation signals a possible price hike to the $1 mark. However, the analyst asserted that this scenario is only attainable if bulls successfully break above the $0.81 resistance level. Once the hurdle is crossed, ADA bulls could target $1 as the next price mark for the altcoin. The analyst wrote, “If Cardano ADA breaks above the $0.81 resistance, it could set its sights on $1.” If #Cardano $ADA breaks above the $0.81 resistance, it could set its sights on $1. pic.twitter.com/cigCc7NFwG — Ali (@ali_charts) May 15, 2025 While failure to break resistance has sent the bulls below the $0.80 price mark, the possibility of a retest is still very likely, as the bulls have managed to contain extreme selling pressure. At the time of this report, ADA is trading for $0.79, with sustained weekly gains sitting at 6%. Bulls have notably sustained a slow but steady recovery over the past month, with 30-day gains soaring above 27%. Alongside the positive technical outlook for ADA, another fundamentally bullish uptrend has been spotted in the broader Cardano market. According to data from Taptools, the odds of ADA receiving a spot ETF have soared by 45% since the start of the year, signaling a rise in institutional interest in altcoin ETFs. An ADA ETF approval could catalyze a price rally for the already promising asset, as with leading cryptocurrencies Bitcoin (BTC) and Ethereum (ETH).

2025-05-22 11:47

Justin Sun –co-founder of TRON , billionaire, and collector of fine arts was revealed as the biggest holder of President Trump’s memecoin, earning him the top spot at Trump’s crypto dinner. Justin Sun owns 1.4 million TRUMP tokens, amounting to around $19 million. There was much speculation as to the identity of the top holder of the memecoin TRUMP. The crypto dinner was arranged for top holders to converse with the president. The dinner is considered controversial because it appears that Trump is using his position in office to enrich himself financially. Sun described himself as a top fan of Donald Trump. The meme coin dinner will be held at Trump’s DC golf course, and the top 220 meme coin holders will be invited. Sun is looking forward to the event and said it will be a good opportunity to connect with everyone and discuss the future of cryptocurrencies. The TRUMP meme coin website ranked the top holder as “Sun.” However, until now, there has been no confirmation that the name referred to the billionaire Justin Sun. Sun has also invested $75 million into World Liberty Financial, a Trump-linked blockchain, described by Trump’s sons as a decentralized bank that will improve access to financial services. Sun, therefore, has invested over $90 million into the Trump empire, taking into account the recent memecoin dinner that costs around $19 million. World Liberty Financial is heavily associated with the Trump family, with 75% of the proceeds going to Trump-owned businesses. Sun, who co-founded the TRON blockchain ecosystem, was born in China and was hand-picked by Jack Ma to attend his elite university for entrepreneurs. The memecoin dinner has been blasted by critics, particularly Democrats, who see the TRUMP dinner as a blatant form of corruption. The Trump administration has been very supportive of the crypto industry. The SEC has dropped many high-profile cases, such as those against Ripple Labs and Coinbase. Many cases are being dropped, with the recent repositioning of the American justice system. Sun may use the opportunity to talk about regulatory changes. There are many opportunities for crypto businesses to take advantage of the changing attitude towards cryptocurrencies. American regulators charged Sun in 2023 with market manipulation and offering unregulated securities. Local news outlets also allege that the FBI was investigating Sun. These efforts by American law enforcement would have prevented Sun from attending the memecoin dinner. The TRUMP meme coin ranked the top holders to ascertain who would get access to the meme coin dinner. The top coin belonged to the exchange HTX. However, it was further speculated that the wallet belonged to Justin Sun because it was labeled “Sun.” Justin Sun acts as an advisor for the HTX exchange. It is now confirmed that Sun is the owner of the TRUMP address. The meme coin was released in January. Sun, who initially purchased 800,000 TRUMP tokens, now owns around 1.4 million TRUMP tokens.

2025-05-22 11:23

Cardano (ADA) is in a tight corner after dropping below the psychological price of $0.75, as lower highs and lower lows increase bearish pressure. In technical analysis, lower highs and lower lows depict a downtrend since buyers are not strong enough to push the price as high as before. Therefore, sellers are usually in control in such a situation because they keep pushing the price down further. This explains why , according to CoinGecko data, Cardano has lost 7.1% of its value in the past week and is currently trading at $0.735 . Despite this drop, whales are not relenting in their quest to accumulate more Cardano. They recently purchased more than 80 million ADA, worth a whopping $57 million. Thanks to this development, all hope is not lost for Cardano because whales expect a price increase in the near future. Market analyst Jimmy X recently opined that Cardano was eyeing a bullish reversal that could see the ninth-largest cryptocurrency surge to the $1 price zone based on market capitalization. Source: Jimmy X Crypto analyst Arab Crypta recently shared similar sentiments, stating that ADA had set its eyes on the psychological price of $3 since buyers were continuously defending the neckline. Famed for its peer-reviewed and scientific approach, Cardano is a third-generation blockchain that intends to solve sustainability, interoperability, and scalability issues in earlier networks, such as Ethereum (ETH) and Bitcoin (BTC).

2025-05-21 23:36

Having reclaimed the psychological price of $100,000 after failing to do so for a couple of months, bullish sentiments continue to rock the Bitcoin (BTC) ecosystem about the possibility of hitting $116,000 in the near future. According to market analyst Trading Heights, “BTC is brewing within this converging triangle with decreasing volume, which is a common indicator of potential for a breakout.” Source: Trading Heights Based on this analysis, Bitcoin finds itself inside a converging triangle, which might trigger the bullish momentum needed for the apex cryptocurrency to skyrocket to $116,000. If approved, Bitcoin will shatter its current all-time high of $108,786 and set a new historic high. According to CoinGecko data, BTC was up by 24.4% in the past month to hit $108,593 at the time of writing. Will Interest Rate Cuts Boost Bitcoin’s Chances of a New All-Time High? President Donald Trump continues to make calls about interest rate cuts. Taking on X, formerly Twitter, President Trump pointed out that the Fed ought to cut interest rates sooner rather than later. Source: Twitter This would be a welcome move in the crypto market because lower interest rates make borrowing cheaper. The money supply would increase in the process since investors and consumers could take more loans and spend more freely. As a result, more liquidity usually finds its way into riskier assets, such as stocks and Bitcoin. Therefore, interest rate cuts will enhance Bitcoin’s chances of hitting new historic highs, thanks to heightened demand. Meanwhile, Bitcoin enjoys a remarkable hodl culture, given that whales recently offloaded more than 17,000 BTC in just a week. Furthermore, Japanese investment firm Metaplanet has acquired an additional 1,004 BTC for $104.3 million, bringing its total holdings to 7,800 BTC.

2025-05-21 23:11

Solana holders are stacking up their portfolio despite a poor institutional performance last week. The number of addresses with up to 0.1 or more SOL hit a new all-time high. This falls within the range of small retail wallets showing strong optimism over two quarters. Most retail interests can be linked to growing DeFi activities, suggesting a sustained price surge. DeFi Sparks Fresh Demand On-chain data shows that 11.6 million wallets have at least $0.1 SOL, signaling systemic adoption growth. The soaring retail holders are a major shift from other networks that have seen whales swallow small holder positions. For Solana, retail adopters are spiking for various reasons, including an imminent price rally and an influx of DeFi services on the network. In December 2024, the figure reached 9 million, with analysts projecting a bullish year marked with favourable macro factors. Despite a weak start due to extended trade wars, Solana’s network activity grew, drawing institutional attention. At the time of writing, total value locked (TVL) on the ecosystem surged past $10.9 billion. The network’s TVL has surpassed Base, Optimism, and Arbitrum and is positioned to attract more users in the coming months. Solana’s decentralized application (DApp) revenue also hit the highest point in three months due to a spike in staking interest. Furthermore, the frenzy around Solana meme coins placed adoption in top gear. Last year, top Solana meme coins tapped new highs amid a spike in crypto adoption. Official Trump ranks highest with a $2.6 billion market capitalization, while daily trading volumes are near $1 billion. The token exchanges hands at $14.22, a 6% upswing today. Meanwhile, BONK, Fartcoin, and dogwifhat are next with rising community support. Institutional Funds: A Necessity For Solana Solana’s uphill price climb cannot solely be sustained with retail demand reaching an all-time high. The network saw a similar spike in institutional activity in the same period. Data from CoinShares shows consecutive weekly inflows to Solana funds. In addition to on-chain factors, these inflows heightened bull pressure in Q4 2024, setting the benchmark this year. The clamor for spot Solana ETFs in the United States fueled optimism for a mega price rally ahead. SOL is expected to notch huge inflows after approval as an institutional favorite asset.

2025-05-21 22:54