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US Bond Yield Rise, Equity Market Volatility, Weak Dollar Pushes Investors to Seek Digital Coins
- Bitcoin surged past $110,000 in May 2025 amid rising U.S. Bond yields and equity market volatility, attracting investor interest worldwide.
- This rise follows factors including JPMorgan allowing Bitcoin purchases, a Senate committee advancing stablecoin legislation, and easing U.S.-China trade tensions.
- El Salvador and firms like Strategy have expanded Bitcoin holdings, with El Salvador’s 6,180 BTC now valued at $678 million and unrealized gains around 132%.
- Bitcoin’s market capitalization reached $2.17 trillion with institutions contributing $6.4 billion net inflows, while Korea's kimchi premium fluctuated near 1 percent recently.
- The surge implies growing mainstream adoption of digital assets as hedges amid fiscal deficit concerns and weakening dollar, despite criticism of regulatory gaps and market risks.
13 Articles
13 Articles
US bond yield rise, equity market volatility, weak dollar pushes investors to seek digital coins
Bitcoin has surged to a record high above $110,000 (151 million won), propelled by financial market and macroeconomic uncertainties in the U.S., the dollar's weakness and crypto-friendly legislative m...
The Bitcoin kryptalate course exceeded $110,000 on the night of May 22, according to the Binance cryptoby.
Nayib Bukele Hits Back At Naysayers After Bitcoin Bolts Past $110,000: 'They Said, Don't Take Screenshots, Take Profits' — Flaunts El Salvador's Neat Gains - Strategy (NASDAQ:MSTR)
Bitcoin's (CRYPTO: BTC) blistering rise past $110,000 has handed El Salvador another headline-worthy windfall, prompting President Nayib Bukele to fire back at critics with a screenshot of the country's Bitcoin treasury and the quip, "They said, ‘Don't take screenshots, take profits.'"
The bitcoin, the most widely used cryptocurrency, reached a new historic peak on Thursday, at the edge of $112,000, in an environment marked by doubts about the US deficit and the weakness of the dollar. The entry The bitcoin chains a new maximum to the edge of the $112,000 was first published in Digital Process.
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