Bitcoin at a record high: Market under pressure – What to do now!

Bitcoin at a record high: Market under pressure – What to do now!

Bitcoin is currently trading near its recent high of $111,423.05, which is a new 52-week high. Despite this encouraging price development, there is noticeable nervousness on the market. The current price action shows high volatility and conflicting signals while the trading range is between $68,500 and $70,300. There were reportedly peaks around $111,000 over the weekend, further adding to the uncertainty. Spot trading volume on Coinbase fell 10% to $2.8 billion, a trend that suggests waning buyer interest, while other platforms such as Binance are seeing increasing trading volumes in the BTC/USDT pair. Boerse Express reports on these developments.

Bitcoin dominance rose to 51.2%, signaling capital rotation back into Bitcoin and putting pressure on altcoins. On-chain data shows that over 350,000 BTC have been transferred to cold storage since early May 2025, reflecting strong holding interest from investors. Additionally, activity by large investors, also known as “whales,” has increased as significant transactions of over 1,000 BTC were recorded. A warning sign is the 20% increase in Bitcoin transfers to exchanges in the 48 hours ending May 25, which could potentially indicate selling pressure.

Institutional Interest and Market Factors

Institutional interest in Bitcoin remains strong, with commitments from well-known companies such as BlackRock, Fidelity and ARK Invest. Also interesting is the positive premium of the Grayscale Bitcoin Trust (GBTC), which reflects trust in regulated Bitcoin investment vehicles. External factors, such as the upcoming US Senate vote on the GENIUS Act, could also have a significant impact on market sentiment. Comments from former US presidents such as Donald Trump regarding EU tariffs have been identified as possible triggers for recent waves of liquidations and pullbacks in the Bitcoin price.

Furthermore, a correlation is observed between Bitcoin and the stock indices, especially the Nasdaq. A decline in the stock market could dampen investors' willingness to take risks. The coming days are seen as crucial for Bitcoin's price direction - whether a sustained breakout or a deeper correction is imminent is still uncertain.

Market observations and trends

In addition to Bitcoin data, Ether (ETH) is hitting a 22-month high of $3,125 on Monday morning as the crypto industry simultaneously experiences two prominent trends: the rising popularity of AI tokens and the launch of a new synthetic dollar (USDe) with a 27% yield. AI token trading volumes are rising rapidly, surpassing Bitcoin with returns of over 105% this year. Bitcoin liquidity has also been recovering since spot ETFs were introduced in the US. Nevertheless, BTC trading volume decreased significantly over the weekend, falling from 24% in 2018 to just 17% in 2023. CVJ.ch points to the challenges in weekend trading, which saw historically low volumes.