Bitcoin News
By Dan Saada
1 / 11
While U.S. equities are charging higher on the back of a weakening dollar, Bitcoin is struggling to keep pace.
2 / 11
Over the past year, the U.S. dollar index (DXY) has fallen sharply, dropping approximately 11% year-to-date.
3 / 11
Despite this favorable macro backdrop, Bitcoin has failed to capitalize in similar fashion. Starting the week at around $104,600, BTC is now hovering near $104,000, essentially…
4 / 11
A closer look at on-chain data reveals the source of this disconnection. Retail Bitcoin holders have been consistently offloading their positions throughout 2025.
5 / 11
Yet, the picture is more nuanced than it appears. While retail is exiting, institutional buyers are stepping up.
6 / 11
Still, institutional engagement has yet to translate into a meaningful breakout in BTC price. One reason could be the current stalemate in whale activity.
7 / 11
Another factor contributing to Bitcoin’s underperformance is a broader sentiment shift. Recent macro developments, including the easing of tariff tensions and more clarity on the…
8 / 11
This divergence reflects a growing split in how investors are allocating capital in today’s complex environment.
9 / 11
For Bitcoin to break out of its current range, a renewed surge in demand will be necessary — either from a broader retail resurgence or a more aggressive push by institutions.
10 / 11
In the short term, Bitcoin’s trajectory will likely depend on whether these institutional inflows can outweigh the persistent retail outflows.
11 / 11
Ultimately, Bitcoin's next chapter hinges on the depth of conviction from its largest holders, as well as how macro forces continue to shape investor appetite across all asset…
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