From Financial Modeling Prep: 2025-05-26 07:21:00

Bitcoin rose 1.2% to $109,457.90, rebounding from a peak near $112,000. Trading volumes are strong, indicating institutional involvement.

After hitting $112,000, Bitcoin fell to $107,000 with less profit-taking than previous milestones. Short-term support expected around $102,000-$102,500.

U.S. and Hong Kong lawmakers advanced stablecoin frameworks, boosting market clarity and institutional confidence. Major U.S. banks reportedly in talks to launch a joint stablecoin.

Minneapolis Fed President remains skeptical of cryptocurrencies, calling them speculative. Market awaits Fed statements to see if stance changes.

Bitcoin’s rally towards previous highs seems likely with supportive regulation and trading activity, barring geopolitical or policy risks.



Read more at Financial Modeling Prep:: Bitcoin Eyes $112K Resistance as Regulatory Cheers…