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Cryptocurrencies Price Prediction: Bitcoin, Cryptos & Gold – American Wrap 12 May

Cryptocurrencies Price Prediction: Bitcoin, Cryptos & Gold – American Wrap 12 May
FXStreet TeamFXStreet TeamFXStreet

Bitcoin ETFs net $867 million as Strategy scoops up additional $1.3 billion worth of BTC

Bitcoin (BTC) briefly crossed $105,450 before declining to $101,400 on Monday as CoinShares' report revealed that Bitcoin exchange-traded funds (ETFs) recorded $867 million in net inflows last week. Meanwhile, Strategy increased its Bitcoin holdings after purchasing 13,390 BTC for $1.3 billion last week.

Crypto Today: SHIB, Pi Network and DOGE emerge as top gainers as Bitcoin crosses $2T market cap

Cryptocurrency markets consolidated near the $3.5 trillion market cap, down by a mild 0.7%, at press time on Monday.

Bitcoin price action, May 12, 2025 | BTCUSDT (Binance)

Bitcoin’s bull run against Gold could accelerate as US-China trade tensions ease

Over the past two weeks, Bitcoin (BTC) has significantly outperformed gold (XAU), and the bullish trend could intensify further.

 

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.