Why is the Bitcoin worth happening at present?

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(BTC) costs fell under $26,000 for the primary time in two weeks on Might 25.

BTC worth dropped 1.91% to $25,880, after which it solely recovered a small loss. Nonetheless, broadly, the worth maintained its short-term correction course, buying and selling about 15% under April’s 2023 excessive of $31,000.

Every day worth chart. Supply: TradingView
DXY every day chart. Supply: TradingView
US 1-year Treasury yield month-to-month chart. Supply: TradingView
Internet inflows to cryptocurrency-based institutional funds. Supply: CoinShares
BTC/USD weekly worth chart. Supply: TradingView

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