Long-term Bitcoin holders, those who kept their coins for over 155 days, have significantly ramped up selling. Historically, this activity suggests the market may have peaked and could be due for a correction soon, Coinlive reports.
The supply of bitcoin on centralized exchanges has dropped by 14.5% of its total circulating supply, hitting the lowest level since 2018. Currently, only 2.8–2.9 million coins remain available for trading on major platforms.
Since the start of 2025, Bitcoin has surged by 15%. A key driver behind this rally has been the growing trend of companies building up their treasuries. Stephen Cole of Castle predicts that by late 2025, major corporations, including Big Tech, could start aggressively accumulating Bitcoin.
Heavy crypto purchases by Strategy firm and steady bitcoin-backed ETF inflows aren't making up for the broader decline in bitcoin demand. The CryptoQuant notes that total BTC accumulation has dropped by 895,000 coins over the past month.
According to analytics firm 10x Research, major bitcoin holders liquidated over 500,000 BTC from their long positions during the past year, equivalent to more than $50 billion. These sales have been counterbalanced by rising institutional demand from ETFs and corporations.
Republican Senator Cynthia Lummis has introduced a new tax bill designed to support the cryptocurrency industry. Her initiative seeks to reduce bureaucratic hurdles often faced by holders of crypto assets, such as bitcoin.
According to Bloomberg, Bitcoin's appeal to investors is currently declining. This is due to the cryptocurrency's price remaining in a narrow range for most of 2025. Additionally, Deribit's BTC Volatility Index has dropped to its lowest level in the past two years.
US Senator Cynthia Lummis, with White House support, has introduced legislation aimed at ending double taxation for bitcoin miners and stakers in the US.
US spot bitcoin ETFs posted record-breaking purchases of the cryptocurrency last week. In total, ETFs acquired 21,030 BTC, while miners produced only 3,150 BTC.
In the spring, Vietnam held an official event involving the Ministry of Finance, central bank officials, and Techcom Securities to discuss the possibility of creating a national centralized cryptocurrency exchange, acording to Coincu.
In 2025, bitcoin is hitting record highs, fueled by exchange-traded fund (ETF) approvals, optimism around favorable regulation, and growing interest from big investors. But behind this positive momentum, the altcoin market is in crisis.
Bitcoin is the first and most commonly used cryptocurrency in the world. It holds a prominent place in the digital economy and draws the attention of traders and investors. High volatility and a wide range of influencing factors make the forecasting of its price complicated and requiring complex analysis.
Successful bitcoin trading is based on analyzing market trends, fundamentals, and technical factors.
Key elements that determine the value of bitcoin include:
Major investors and funds also have a considerable impact on the movement of bitcoin prices. Their massive purchases or sales can cause sharp fluctuations in the exchange rate. In addition, the general sentiment in the crypto market determines the dynamics of BTC, creating periods of high activity and deep corrections.
Forecasting the price of bitcoin is a complex task, as it is formed under the influence of many factors. Successful trading strategies and investment decisions require a thorough analysis of the macroeconomic situation, politics, and investor sentiment.
