Bitcoin Nears $109K as Political Backing, Institutional Adoption Boost Momentum

Bitcoin Holds Ground as Geopolitical Tensions Ease

Bitcoin is trading just under $109,000 as of May 27, 2025, reflecting resilience despite minor daily fluctuations. The cryptocurrency’s slight 0.44% dip in the past 24 hours comes amid broader market optimism, with total market capitalization climbing 2% to $3.46 trillion. Ethereum also saw a mild decline, down 0.62% to $2,546, while altcoins like XRP and Cardano fell by over 2% and 1%, respectively.

Notably, the easing of geopolitical tensions and broader risk appetite are helping support bullish sentiment across digital assets. According to Economic Times, Bitcoin’s position is being bolstered by growing optimism over U.S. crypto policy shifts and favorable regulatory movements globally.

The overall sentiment marks a stark contrast to the volatility seen earlier this year and underscores how digital assets are maturing into a resilient asset class amid changing macroeconomic conditions.

Stablecoin Bill and Trump Media Funding Highlight Policy Shifts

One of the most significant catalysts for this month’s market momentum is the U.S. Senate’s advancement of the GENIUS Act—a bill that aims to implement a federal framework for regulating stablecoins. The bill is expected to unlock the next phase of growth in the $248 billion stablecoin sector, offering clarity and compliance pathways for traditional financial institutions to enter the space. As noted by MarketWatch, the act could pave the way for major banks to issue their own compliant stablecoins.

At the same time, Trump Media & Technology Group announced plans to raise $3 billion for cryptocurrency investments. This bold move aligns with President Trump’s broader agenda to make the U.S. a leader in digital assets and signals growing political support for blockchain innovation. The news has energized segments of the market anticipating increased federal involvement in crypto infrastructure.

India’s crypto lobby is also pushing for tax reforms. With calls to slash the current 30% capital gains tax and 1% TDS on trades, industry leaders are hopeful that reforms will come as the government appears more open to digital assets, as reported by the Financial Times.

Institutional Embrace Accelerates with Solana and JPMorgan Moves

Institutional adoption continues to gain traction. In a landmark development, multiple major banks are now working with the Solana Foundation to tokenize financial assets via public blockchain systems. This collaboration, facilitated through UK-based software firm R3, reflects a shift from private blockchain pilots to public network integration, particularly for tokenized stocks and bonds.

Even more notably, JPMorgan Chase—long seen as a crypto skeptic—has opened the door for clients to buy Bitcoin. CEO Jamie Dimon, a vocal critic in the past, has authorized the move following strong institutional demand. This policy reversal represents a significant milestone for Bitcoin’s mainstream adoption, as outlined by TIME.

Together, these regulatory and institutional signals suggest the digital asset space is entering a new phase of credibility, utility, and policy alignment—one where crypto’s role in global finance continues to solidify.