With an estimated 16 million cryptocurrency investors representing 36% of South Korea&#8217;s voting population, presidential candidates are aggressively courting the crypto community ahead of the June 3 election. According to a report by Point Daily, crypto voters&#8217; political significance has…

South Korean presidential candidates court 16 million crypto investors ahead of June election: report

The US Bitcoin ETFs are strongly reflecting the bullish sentiments that are 
ravaging the crypto market at the moment. Following an impressive performance 
in the third week of April marked by $3.06 billion in net inflows, these 
Bitcoin ETFs did well to retain investors’ interest by attracting almost $2 
billion in deposits over the past week. Notably, Bitcoin has recently seen a 
market rebound, with prices moving from $84,000 to $97,000 in the last two 
weeks. The rising inflows to Bitcoin demonstrate a strong market demand 
backing this resurgence, hinting at the potential of a sustained uptrend. 
Related Reading: Bitcoin At Critical Juncture – Price Levels To Watch: Analyst 
Bitcoin ETFs Drive Into May On Bullish Note According to ETF tracking platform 
SoSoValue, the US Bitcoin Spot ETFs recorded $1.81 billion in net inflows as 
the market crossed into the month of May. This represents the third-largest 
weekly inflow in 2025 as institutional investors actively rotate their capital 
into the cryptocurrency and all related markets. In a familiar tale, 
BlackRock’s IBIT attracted the largest investments with over $2.48 billion in 
net inflows. Interestingly, IBIT accounted for all deposits on Friday, May 
2nd, valued at $674.91 million, demonstrating an unrivaled market dominance. 
Other ETFs that experienced a net inflow include Grayscale&#8217;s BTC, VanEck’s 
HODL, and Invesco’s BTCO, with investments ranging from $10 million &#8211; $41 
million. Meanwhile, Fidelity’s BTCO accounted for the largest weekly net 
outflow at $201.90 million in what proved a bearish week for the second- 
largest Bitcoin ETF. Grayscale’s GBTC and Bitwise’s BITB also registered net 
withdrawals valued between $30 million &#8211; $60 million. While Franklin 
Templeton’s EZBC, Wisdom Tree’s BTCW, Hashdex’s DEFI, and Valkyrie’s BRRR have 
zero market flows. Following this bullish trading week, the US Bitcoin Spot 
ETFs boast of $40.24 billion in cumulative total net inflow. Meanwhile, their 
total net assets are now valued at $113.15 billion, representing 5.87% of 
Bitcoin&#8217;s market cap. Related Reading: Machine Learning Algorithm Predicts 
Ethereum Price Crash To $1,500 After 4 Red Month Closes Ethereum ETFs Score 
$107 Million In Investments Alongside the resurgence with their Bitcoin 
counterparts, Ethereum Spot ETFs are also experiencing a notable rebound, 
recording over $250 million in net inflows over the past two weeks. 
Specifically, these ETFs registered $106.75 million in inflows in the last 
trading week, with BlackRock’s ETHA accounting for the majority share. 
Presently, these ETFs hold a cumulative total net inflow of $2.51 billion and 
total net assets of $6.40 billion, which represents 2.87% of the Ethereum 
market cap. At the time of writing, Ethereum continues to trade at $1,845 
following a 0.49% decline in the past 24 hours. Meanwhile, Bitcoin remains 
valued at $95,514. Featured image from iStock, chart from tradingview

Bitcoin Spot ETFs Score $1.81 Billion In Net Inflows As Market Revival Continues

A recently launched leveraged exchange-traded fund tracking XRP is gaining 
momentum in terms of asset inflows. The Teucrium 2x Long Daily XRP ETF, whose 
ticker symbol is XXRP, has had inflows in the last four consecutive weeks. Its 
assets have…

New XRP ETF reaches $67m AUM as price outperforms Ripple

On Sunday May 4, the crypto market cap stands at $2.97 trillion as several 
crypto assets saw decent gains and many recorded losses during a volatile week 
in crypto. Several Crypto Tokens Climb as Others Crash This Week Over the past 
seven days, a handful of digital assets outpaced the broader crypto market, 
which saw […]

Crypto Winners and Wreckage: Fellaz, Virtual Soar as Trump and Move Lead Week’s Declines

**Key points:**
 * Bitcoin attacks liquidity clustered close to spot price into the weekly close.
 * Market commentators eye significant BTC price levels below $95,000. 
 * The Fed&#8217;s upcoming interest rate decision is the key macro event to watch next week.
Bitcoin (BTC) fell toward $95,000 into the May 4 weekly close as traders 
braced for more macro-induced downside.
_BTC/USD 1-hour chart. Source: Cointelegraph/TradingView_
## 
BTC price liquidations mount after 10-week highs
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD retreating 
from multimonth highs toward the May open.
Hitting liquidity clustered around spot price, Bitcoin created a recipe for 
volatility as market participants discussed key levels.
&#8220;Dense longs cluster 95.7k-96k, heavy shorts 96.5k-97k right around current 
price (~96.2k),&#8221; popular trader TheKingfisher wrote in part of ongoing 
analysis on X.
&gt; &#8220;These are price magnets. Expect chop/volatility as they get tested.&#8221;
_BTC liquidation heatmap. Source: CoinGlass_
The latest data from monitoring resource CoinGlass showed price colliding with 
buy liquidity, with the majority of asks clustered around $97,200.
With the past week seeing multiple liquidity &#8220;grabs,&#8221; some saw the potential 
for that behavior to continue as the key $100,000 mark edged closer.
&gt; $BTC 
&gt; 
&gt; Gap and tap before liquidity grab at $100k is what I&#8217;m looking for here 
&gt; https://t.co/akVEzc3Aaj pic.twitter.com/igCptK8VIp 
&gt; 
&gt; &#8212; NiFτy (@niftyinvest) May 4, 2025
&#8220;Positions from $94K-$97K flushed at weekend,&#8221; popular trader BitBull 
summarized.
Assessing the potential for a fresh dip, crypto trader, analyst and 
entrepreneur Michael van de Poppe said that BTC/USD had plenty of room to 
retest support while still maintaining its recent comeback.
&#8220;What I&#8217;d prefer to see on $BTC is that we&#8217;re holding above $91.5-92K,&#8221; he 
told X followers on the day.
&gt; &#8220;That validates for me the continuation towards a new ATH as the previous 
&gt; range support becomes support again.&#8221;
_BTC/USDT 1-day chart. Source: Micha el van de Poppe/X_
## Bitcoin downside expected into Fed rate cut decision
Expectations of volatility were high heading into the new week, with the US 
Federal Reserve due to decide on interest rates.
_**Related:**__**Bitcoin hodler unrealized profits near 350% as $100K risks 
sell-off**_
As Cointelegraph reported, the stakes for market sentiment are high before the 
event. Recession warnings and pressure from President Donald Trump combine 
with hawkish signals from Fed officials.
&gt; NOTE: In less than a month, Trump has pressured Powell and the Fed to lower 
&gt; interest rates three times already&#8230; pic.twitter.com/qaQc7zJnuw 
&gt; 
&gt; &#8212; Andre Dragosch, PhD⚡ (@Andre_Dragosch) May 2, 2025
The latest data from CME Group&#8217;s FedWatch Tool nonetheless maintains minimal 
odds of a rate cut on May 7.
_Fed target rate probabilities for May 7 FOMC meeting. Source: CME Group_
&#8220;Remind yourself that Crypto &amp; Altcoins have the temper to be correcting in 
the week prior to the FED meeting,&#8221; Van de Poppe commented.
&gt; &#8220;I suspect that we&#8217;d be having the end of that correction around Tuesday and 
&gt; go up from there.&#8221;
This article does not contain investment advice or recommendations. Every 
investment and trading move involves risk, and readers should conduct their 
own research when making a decision.

Bitcoin eyes $95K retest as traders brace for Fed rate cut volatility

Nine Senate Democrats who once supported crypto legislation are now opposing a 
major stablecoin bill, highlighting growing divisions over digital asset 
regulation.