Bitcoin is riding a wave of bullish momentum, trading near $109,600 after recently touching a record high of $112,000. The surge comes amid improving global sentiment, institutional interest, and regulatory optimism. A temporary dip followed US President Donald Trump’s tariff-related announcement, but markets quickly rebounded. Meanwhile, Asia-based DDC Enterprise revealed plans to accumulate 5,000 BTC, and Pakistan pledged major energy resources to support Bitcoin mining. As altcoins show mixed performance, crypto analysts remain optimistic about Bitcoin’s long-term trajectory, projecting a potential climb toward the $120,000–$200,000 range by year-end.
Before we proceed further, readers should note that the overall crypto market and coin prices are extremely volatile. There are no foolproof methods to ascertain how cryptocurrencies are expected to behave in the future.
This article is aimed at helping investors stay on top of the current market scenarios and the biggest events that have already taken place as well as some upcoming occurrences that are worth noting. Investors are advised to do their research before taking any calls.
Crypto Prices Over The Past Week
Last Monday (May 19), the overall crypto market cap stood at $3.25 trillion. BTC price stood at nearly $103,000. ETH price stood at around $2,300.
A week later, the overall market cap rose to $3.44 trillion.
Check Out Top Crypto Prices Today
Over the past seven days, Bitcoin achieved a high of $111,765.70 (on May 22) and a low of $102,494.40 (May 19).
Ethereum, on the other hand, saw a high of $2,720.74 (May 23) and a low of $2,354.56 (May 19).
Crypto Events To Note
Bitcoin hovered around $109,600 on May 26 after briefly hitting an all-time high of $112,000, driven by a mix of institutional demand, geopolitical shifts, and growing regulatory clarity. A key trigger was U.S. President Donald Trump’s announcement of a 90-day negotiation window with the EU, which sparked renewed market optimism.
Adding to the momentum, Asia’s DDC Enterprise kicked off a multi-year plan to acquire 5,000 BTC, starting with 21 coins through a share swap deal. Meanwhile, Pakistan committed 2,000 MW of power to support Bitcoin mining and AI infrastructure.
Ethereum also posted a modest gain, trading above $2,500. While altcoins like HYPE, AAVE, and XMR showed strong weekly performance, others like SUI and XRP dipped — underscoring the market’s volatility.
Despite short-term price swings, analysts maintain a bullish outlook, with projections of Bitcoin potentially reaching $120,000–$200,000 by year-end. Investors are advised to stay diversified and alert to macroeconomic signals.
What Crypto Traders Are Saying About Current Market Scenario
Edul Patel, CEO and co-founder, Mudrex, told ABP Live, “After touching a new all-time high of $11,970, Bitcoin saw a brief pullback over the weekend triggered by Trump’s abrupt announcement of a 50% tariff on all EU imports. Despite the volatility, institutional investor demand remained strong, with Bitcoin spot ETFs recording over $211 million net inflows on Friday, logging a total weekly inflow of $2.75 billion. These inflows could help BTC stabilise above the resistance zone of $110,000. Going ahead, the EU’s reaction to Trump’s tariffs becomes key, along with macro factors like the U.S. GDP and jobless claims figures.”
Srinivas L, CEO, 9Point Capital, said, “Bitcoin has surged to fresh highs this week, currently trading near $110,000 after decisively breaking above the strong resistance at $106,000. We remain bullish as long as the higher-low structure stays intact. Our positive outlook has held firm since Bitcoin broke out of its downward channel at $85,000 —a move we anticipated early. Supporting this rally, on-chain data shows rising stablecoin inflows and exchange reserves at multi-month lows, both indicators of reduced selling pressure.”
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Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.
