- Pin
- 🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes! - 🔵 #GENIUS Stablecoin Bill#
On May 20, Eleanor Terrett reported that the GENIUS Stablecoin Bill passed a procedural vote (66-32), officially entering the review phase, though it hasn't yet become law. This marks significant progress toward the first U.S. federal stablecoin regulation framework. Is this a positive compliance step or a sign of increasing regulatory pressure? Share your thoughts!
🔵 #SOL Breaks $170#
SOL has passed the $170 mark, currently trading at $170.01, up 0.9% in the past 24 hours. However, according to regulatory filings submitted Monday, the SEC has extended the review d - 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
👉 Post daily from May 19 to May 25 and share a $300 prize pool based on your post quality!
Join now: https://www.gate.io/questionnaire/6679
Registration deadline: May 20 10:00 UTC
🎁 Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
A/B-Level Tiered Rewards
Based on the number of posts and their quality, ambassadors will be ranked and rewarded accordingly:
A-Level:
Post on
- Gate Brand Strategy Major Upgrade
Launching our global domain Gate.com, alongside a brand-new logo!
With a cleaner, more distinctive, universally recognized visual identity, we're moving from industry leader to true pace-setter.
✨ Three Pillars of Our Strategic Upgrade
1. User First: Serving 23 million users worldwide, with a reserve ratio of 128.57%, solidly among the top in the industry.
2. Tech Innovation: Pioneering the use of zero-knowledge proofs to verify reserve security.
3. Global Compliance: One of the few crypto platforms legally operating across multiple regions.
Just as we declare
- 🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
New boom for Bitcoin ETFs: what to expect for BTC?
Yesterday, another very favorable stock market session concluded for the ETF su Bitcoin spot
To tell the truth, it has been since last Wednesday that only good days have followed one another, but yesterday’s stands out for the volume of total daily inflows
Furthermore, in the last four weeks, there have been only two negative sessions, and only one substantially neutral, while all the others have recorded significant inflows.
The inflows on BTC ETFs
Yesterday, in a single stock market session, more than 660 million dollars of inflows were recorded on spot Bitcoin ETFs
Note that it had been since May 2 that such significant daily inflows had not occurred
The last day with overall outflows was last Tuesday (-91 million), but it was just a temporary exception after four positive sessions
In the last four stock market sessions, all positive, a total of more than 1.3 billion dollars of total inflows were recorded, which add to the 600 million from the previous four consecutive positive sessions
From the first of May until yesterday, cumulatively more than 3.3 billion dollars of total inflows have been recorded, with an average exceeding 250 million per day
Given that up to today the average is 125 million dollars of daily inflows, the data from the last few days should be considered very positive
Source: Coinglass Bitcoin ETF dashboard
The impact on the price of Bitcoin (BTC)
All this also reflects the good moment that the price of BTC is experiencing.
It should be remembered that the all-time high price ever reached is around $109,000 on January 20 of this year, and the current price is only 3% lower
The descending phase following the all-time high ended in the first decade of April, when it also fell below $75,000, but starting from April 9, the price had already risen above $80,000.
At that point, a rebound began, probably still ongoing, which brought it back first above $90,000 at the end of April, and then also above $100,000 before mid-May
The fact is that more or less simultaneously with the all-time highs of BTC, the dollar began to weaken, so much so that the Dollar Index fell from 110 points to less than 99. While DXY was falling, the price of gold continued to rise, and that of Bitcoin suffered like that of other risk-on assets.
However, the rise of gold ended on April 21, and since then it has started a descending lateralization that could also end up reversing the upward trend that began in mid-December
In the meantime, the Dollar Index last week had returned to almost 102 points, but yesterday it seems to have resumed the downward phase
“
html The forecast of 21Shares “21Shares is probably the most important issuer of crypto ETPs in Europe
Yesterday their researcher Matt Mena wrote that Bitcoin is on the verge of a bull, and he predicts that its price could reach $138,500 by the end of the year.
Mena specifies that, unlike previous rallies fueled by retail FOMO, the current one is different because it is rooted in powerful long-term forces, such as institutional inflows, favorable macroeconomic trends, and an unprecedented supply crisis
The data relating to ETFs seem to confirm what the 21Shares researcher claims: an accumulation phase has been underway for a few days now, which could support a further rally in the price of BTC.
Conflicting Signals
All this is further strengthened by the fact that in reality, in the financial markets, contrasting signals currently emerge
For example, the S&P500 index is still at -3% from its highs, and since its volatility is much lower than that of Bitcoin, it is decidedly more difficult for it to return to its highs shortly. Instead, BTC could even manage to do it today, in theory
Furthermore, the yields on American government bonds are still decidedly high, as is the price of gold, and this indicates that on one hand the premium for risk-on assets is still low, and on the other hand that risk aversion has not yet completely passed
At this point, it can be assumed that the trend of Bitcoin’s price in recent weeks has resumed a relatively independent path, taking advantage of the rebound in the risk-on sector of the markets, but returning to being specifically linked to the trend of the Dollar Index
In fact, in the medium/long term, it is precisely the trend of DXY that most influences the price of Bitcoin, in an inverse manner, and the fact that DXY has been declining for four months is finally starting to have a significant, and positive, impact on the price of BTC as well.