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.
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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.
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