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Bitcoin Breaks $105K as U.S. Policy Shift, Institutional Demand Fuel Rally

Bitcoin Breaks $105K as U.S. Policy Shift, Institutional Demand Fuel Rally

Mon, June 02, 2025

U.S. Moves Trigger Bitcoin Surge and Institutional Momentum

The cryptocurrency sector is seeing renewed bullish momentum in early June 2025, with Bitcoin smashing past the $105,000 mark and hitting a new all-time high. This rally is being fueled by a mix of regulatory optimism, institutional inflows, and macroeconomic tailwinds, particularly in the U.S.

One of the most significant developments is the creation of a Strategic Bitcoin Reserve by the U.S. government, a move that signals a broader policy shift toward embracing digital assets. Adding fuel to the fire, Trump Media & Technology Group has announced plans to raise $2.5 billion to fund its own bitcoin treasury, marking one of the largest private-sector crypto commitments to date.
Read more from Financial Times

Bitcoin’s breakout comes at a time when other macro indicators—such as U.S. fiscal uncertainty and shifting Federal Reserve dynamics—are causing traders to seek alternative stores of value. The digital asset has emerged once again as a hedge against traditional market instability, drawing in institutional buyers and retail investors alike.

Altcoins on the Rise: Ethereum Eyes $3,000, XRP Nears ETF Boost

Ethereum (ETH), the second-largest cryptocurrency by market cap, is also showing strong bullish signals. Currently trading around $2,536, analysts are targeting a rise toward $3,000, driven by healthy ETF inflows and technical upgrades to the Ethereum network. Investor sentiment remains optimistic, with many anticipating a stronger second half of the year if macro trends stay supportive.
See Ethereum outlook

Meanwhile, XRP is enjoying fresh momentum at around $2.18, thanks to speculation that the U.S. Securities and Exchange Commission (SEC) may soon approve one or more XRP-based exchange-traded funds. If the ETF greenlight is granted, analysts project a potential 50% surge in XRP’s valuation.
Explore XRP ETF news

Beyond price action, regulatory developments are setting the stage for broader adoption. The revised GENIUS Act—gaining bipartisan traction in the U.S. Senate—proposes more structured oversight of stablecoins, while the U.S. Department of Labor has officially reversed its earlier stance, now permitting cryptocurrencies in retirement savings accounts. These policy reversals are considered major milestones for mainstream crypto integration.

Retail Access Expands as UK Firms Join the Crypto Fray

In a move signaling broader adoption in Europe, IG Group has become the first UK-listed company to offer direct crypto trading to retail clients. The decision reflects growing investor demand for access to digital assets via regulated platforms.
Read more on The Times

The overall cryptocurrency market capitalization now stands at approximately $3.24 trillion. With institutional support building and regulation aligning more favorably, the digital asset ecosystem appears poised for continued expansion in the months ahead.