Bitcoin Surges to $68,250 Amid Rising Institutional Interest and Market Volatility
May 27, 2025
As of May 26, 2025, Bitcoin's price surged by 4.7 percent to $68,250, with trading volume increasing by 18 percent to $32.4 billion across major exchanges.
The cryptocurrency broke through resistance at $67,800 on Coinbase, reaching a 24-hour high of $68,500, indicating potential for further upside if momentum continues.
Traders are advised to monitor resistance at $68,500 and support at $66,000, as a break below could trigger profit-taking amid a deteriorating stock market sentiment.
The Crypto Fear & Greed Index rose to 72 (Greed), suggesting potential overbought conditions and advising traders to exercise caution.
Institutional interest in crypto is on the rise, highlighted by $245 million in Bitcoin ETF inflows on May 25, 2025, alongside a net inflow of $1.3 billion into crypto funds for the week.
Volatility in traditional markets, particularly a 3.1 percent drop in the NASDAQ, has prompted investors to reassess risk assets and consider Bitcoin a safer alternative.
The S&P 500 experienced a 2.3 percent decline, driving investors to seek alternative assets amid ongoing economic uncertainty.
The U.S. Dollar Index weakened by 0.8 percent to 104.5, enhancing Bitcoin's appeal as a hedge against inflation.
The decline of tech stocks, such as Nvidia which fell 4.2 percent, has indirectly benefited Bitcoin as capital flows from equities into crypto.
A 15 percent increase in Bitcoin wallet addresses holding over 1 BTC indicates accumulation by larger investors, with transaction volume also rising by 10 percent to $8.2 billion.
Interestingly, the correlation between Bitcoin and the S&P 500 has dropped to a 12-month low of 0.21, reflecting Bitcoin's evolving role in investor portfolios.
Ethereum also gained 3.2 percent to $3,850, demonstrating altcoin strength linked to Bitcoin's rally, with ETH/BTC stability at 0.056.
Summary based on 1 source
Get a daily email with more Crypto stories
Source

Blockchain.News • May 26, 2025
Bitcoin as the Real Store of Value: Insights from Milk Road for Crypto Traders | Flash News Detail