The broader cryptocurrency market was fixed on Friday, as it continued to unify it after approximately two weeks.
The move comes at a time when investors are digested with modern gains driven by increasing Bitcoin and improving risk appetite after temporarily reduced trade tensions between the United States of China.
Bitcoin was traded at about $ 103,881, hovering in a limited range of $ 3500 over the past week.
The level of $ 105,000 remains a major resistance zone, with multiple failed fools, which leads to the tightening of the price range.
Swissblock noticed on May 16 that “$ BTC stuck in the narrowing range of 101.5 thousand dollars – 104 thousand dollars”, confirming the current deficiency in the directional momentum.
According to the Santiment, the parked bullish trend has increased the declining feelings among merchants. However, the market intelligence platform said this could eventually support the move.
“The markets generally tend to move against the crowd’s expectations,” she said in a publication on X, while highlighting that the growing fear and the impatience between the retailers have been historically preceded.
While Bitcoin is still an anchor of the ecosystems for encryption and hedging against total economic uncertainty, its increasing maturity and decrease in its volatility between investors who are chasing asymmetric returns.
In contrast, early symbols like Bitcoin Pep They attract speculative capital.
South Korea pension fund to integrate Bitcoin?
The national pension service in South Korea (NPS), one of the largest pension funds in the world with more than 800 billion dollars of management assets, weighs direct investments in Bitcoin, which represents a potential transformation in the General Fund’s strategy amid increasing political and legislative support for digital assets.
Development follows the recent organizational changes that allow national retirement funds to allocate capital currencies.
Political leaders from both main parties supported this axis, as Democratic Party leader Lee Jay Meong pledged to agree to the investment funds circulating in Bitcoin if the president-a step aimed at strengthening a safer investment environment, especially for the younger South Koreans.
To date, NPS has been exposed to encryption through indirect means.
In 2024, she received $ 34 million in shares in Microstrategy, a company that has invested heavily in Bitcoin, and invested more than $ 45 million in Coinbase, the largest encryption exchange in the United States.
These parking reflects the increasing comfort of the fund with the shares associated with digital assets.
While the purchases of Bitcoin are not directly performed by NPS, legislative momentum, political will, and converting general feelings indicate a reliable path towards institutional adoption.
If you realize, this would represent a great milestone for the integration of encryption in the traditional general investment frameworks in Asia.
Bitcoin Pepe to launch soon
A new wave of institutional interest in Bitcoin has activated the broader cryptocurrency market, capital flows and speculative appetite, especially in the Meme currencies.
Within this background, Bitcoin Bibi has emerged as a prominent competitor preparing to benefit from momentum.
As the first Layer 2 protocol that focuses on the meme on the Bitcoin network, Bitcoin Pepe mixes the firm safety of the network with the Solana -like expansion.
These technical sites provide a convincing mix: the credibility of the Bitcoin infrastructure with a viral dynamics driven by society that works to work historically.
The project has already started attracting invested capital, with its continuous collection $ 8.4 million.
The distinctive BPEP codes are priced at $ 0.0326, and the pre -pre -introduct period is scheduled to conclude on May 31, 2025.
The exchange list is expected to be followed, which is likely to serve as an operator in the near -term price procedures.
With the improvement of encryption morale and the growth of risk appetite, Bitcoin Pep At a location to ride a wave of renewed interest in assets in the early stage.
Outlook Post Bitcoin Pepe appears as the Retirement Fund in South Korea Mulls BTC Investment first on Invezz
