Bitcoin - Overview as of 30.05.2025

Financial and commodity markets analytics


The cryptocurrency market received support after the U.S. Securities and Exchange Commission withdrew the civil suit against Binance and its founder. However, amid the general uncertainty, bitcoin quotes declined and are testing the area in the region of $105000 mark. It is likely that this decline is only corrective before the continuation of growth, especially given the institutional interest in the asset. The market needs to stay above the $101000-105000 area to maintain the upward trend.