The cryptocurrency market experienced a modest decline on May 29, 2025, with the overall market capitalization dipping by 2% to $3.55 trillion. Bitcoin hovered near $108,000 after a slight pullback from a recent all-time high, signaling a consolidation phase typical of market cycles. Nearly half of the top 100 coins gained value, highlighting broader market stability. Institutional interest remains robust, supported by record inflows into U.S. spot ETFs and growing corporate Bitcoin holdings globally. Analysts view the current dip as a short-term correction rather than a sign of sustained weakness, emphasizing Bitcoin's resilience despite global economic uncertainties.
Continue to read Crypto Market Sees Temporary Pullback Amid Strong Bitcoin Resilience – May 29, 2025
The cryptocurrency market experienced a modest decline on May 29, 2025, with the overall market capitalization dipping by 2% to $3.55 trillion. Bitcoin hovered near $108,000 after a slight pullback from a recent all-time high, signaling a consolidation phase typical of market cycles. Nearly half of the top 100 coins gained value, highlighting broader market stability. Institutional interest remains robust, supported by record inflows into U.S. spot ETFs and growing corporate Bitcoin holdings globally. Analysts view the current dip as a short-term correction rather than a sign of sustained weakness, emphasizing Bitcoin's resilience despite global economic uncertainties.
Continue to read Crypto Market Sees Temporary Pullback Amid Strong Bitcoin Resilience – May 29, 2025
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