title: Bitcoin (BTC) Breaks Its Previous All-Time High, Setting the Stage for a New Wave of Sells

Right after Bitcoin (BTC) broke its previous all-time high of $109,000, a shocking wave of selloff was triggered from the US government's side again.

Bitcoin (BTC) broke its previous all-time high of $109,000 on May 10, 2025, and reached a new ATH of $111,970 on May 22, 2025. The global crypto market cap also surpassed the $3.5 trillion mark again. A day later, US President Donald Trump threatened the European Union with a 50% tariff on all imports. Trump said the negotiations with the EU were not going well.

Bitcoin (BTC) broke its previous all-time high of $109,000 on May 10, 2025, and reached a new ATH of $111,970 on May 22, 2025. The global crypto market cap also surpassed the $3.5 trillion mark again. A day later, US President Donald Trump threatened the European Union with a 50% tariff on all imports. Trump said the negotiations with the EU were not going well.

This brought a massive wave of selloffs. Bitcoin dropped below $107,000. However, both small and large investors continued their Bitcoin accumulation.

This brought a massive wave of selloffs. Bitcoin dropped below $107,000. However, both small and large investors continued their Bitcoin accumulation.

According to data from Glassnode, the total Bitcoin balance on centralized exchanges has been consistently declining over the past month. From 2.26 million BTC on April 23, the balance fell to 2.15 million BTC on May 24. Coinbase (NASDAQ:COIN) and Binance saw outflows of 40,772 BTC and 39,713 BTC over the past week.

The declining BTC balance on CEXs is an indication that investors are accumulating the leading cryptocurrency for the long term. It is also a sign of low price volatility and a gradual increase in value.

US-based spot BTC exchange-traded funds recorded $2.75 billion in net inflows last week — their third-largest weekly inflow — according to data from SoSoValue. The largest single-day BTC ETF net inflow of the week was worth $934.7 million on May 22.

US-based spot BTC exchange-traded funds recorded $2.75 billion in net inflows last week — their third-largest weekly inflow — according to data from SoSoValue. The largest single-day BTC ETF net inflow of the week was worth $934.7 million on May 22.

With the latest set of inflows, the cumulative value of these US-based investment products surpassed the $44.5 billion mark. The strong ETF inflows suggest that institutional investors have also been optimistic about having Bitcoin on their lists.

Tbh, it’s a good thing $BTC didn’t just keep ripping.

I’d rather a slower run to new highs, with periods of consolidation.

Means that the rally can be more sustainable, rather than a huge blast-off followed by a big correction.

+ more time to get good entries.

Even on May 23, when the EU tariff threat appeared, spot BTC ETFs still saw a net inflow of $211.7 million, according to SoSoValue.

Bitcoin is currently trading at around $107,700, about 4% below last week’s ATH.

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The post Bitcoin price hovers as Trump threatens EU with 50% tariff appeared first on Chain Link.output: Key Notes

* Bitcoin (BTC) broke its previous all-time high of $109,000 on May 10 and reached a new ATH of $111,970 on May 22. The global crypto market cap also surpassed the $3.5 trillion mark again.

* A day later, US President Donald Trump threatened the European Union with a 50% tariff on all imports. Trump said the negotiations with the EU were not going well.

* A day later, US President Donald Trump threatened the European Union with a 50% tariff on all imports. Trump said the negotiations with the EU were not going well.

* This brought a massive wave of selloffs. Bitcoin dropped below $107,000. However, both small and large investors continued their Bitcoin accumulation.

* This brought a massive wave of selloffs. Bitcoin dropped below $107,000. However, both small and large investors continued their Bitcoin accumulation.

The total Bitcoin balance on centralized exchanges has been consistently declining over the past month. From 2.26 million BTC on April 23, the balance fell to 2.15 million BTC on May 24, according to Glassnode. Coinbase and Binance saw outflows of 40,772 BTC and 39,713 BTC over the past week.

The declining BTC balance on CEXs is an indication that investors are accumulating the leading cryptocurrency for the long term. It is also a sign of low price volatility and a gradual increase in value.

US-based spot BTC exchange-traded funds recorded $2.75 billion in net inflows last week — their third-largest weekly inflow — according to data from SoSoValue. The largest single-day BTC ETF net inflow of the week was worth $934.7 million on May 22.

US-based spot BTC exchange-traded funds recorded $2.75 billion in net inflows last week — their third-largest weekly inflow — according to data from SoSoValue. The largest single-day BTC ETF net inflow of the week was worth $934.7 million on May 22.

With the latest set of inflows, the cumulative value of these US-based investment products surpassed the $44.5 billion mark. The strong ETF inflows suggest that institutional investors have also been optimistic about having Bitcoin on their lists.

Even on May 23, when the EU tariff threat appeared, spot BTC ETFs still saw a net inflow of $211.7 million, according to SoSoValue.

Bitcoin is currently trading at around $107,700, about 4% below last week’s ATH.