Bitcoin surged above $100,000 in June 2025, prompting speculations and expectations of a new bull run being underway. Analysts point to the combination of some macroeconomic factors such as ETF inflows, and increased institutional adoption as the catalyst to this new bull run we are currently witnessing. BlackRock’s Bitcoin ETF alone saw a total of about $6.4 billion in new investments by the end of May 2025.
On-chain data shows there has been a sharp decline in exchange balances, typically a bullish indicator as holders move assets to cold storage. There are reports that over 70% of BTC hasn't moved in about a year, indicating a strong conviction among long-term Bitcoin investors.
Meanwhile, El Salvador also made BTC its legal tender, drawing attention back to Bitcoin’s use as sovereign finance, though some critics caution that regulatory crackdowns in Asia could spark short-term volatility.
Sentiment remains high, regardless, especially with Ethereum’s May 2025 upgrade improving the overall crypto ecosystem. While no rally is guaranteed, the numbers and momentum in this bull run suggest Bitcoin’s next big wave may already be here.
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology.
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