Crypto Market Rises on Trade Hopes, Institutional Demand
The broader cryptocurrency market edged slightly higher on Monday, though overall sentiment remains fragile as last week’s volatility continues to weigh on price action.
Investor focus is now sharply turned to the high-stakes US-China trade negotiations taking place in London. In their last meeting on May 12, both sides agreed to suspend tariffs for 90 days—a move that spurred a recovery in the S&P 500 and crypto markets. Hopes are building that new progress could help ease global economic tensions.
Bitcoin rose 1.6% to trade around $107,200, buoyed by continued institutional interest that appears largely unfazed by short-term market jitters. On Sunday, Michael Saylor, Executive Chairman of MicroStrategy, shared the firm’s signature Bitcoin portfolio tracker on X with the caption, “Send more Orange”—a cryptic nod that often precedes a new BTC acquisition.
Japanese investment firm MetaPlanet made headlines on Friday, announcing plans to issue 555 million shares, aiming to raise ¥771 billion (~$5.4 billion) for further Bitcoin accumulation. The firm also revealed a bold target: acquiring 210,000 BTC by 2027.
Meanwhile, in Europe, The Blockchain Group launched a €300 million capital increase program, setting its sights on becoming the continent’s first Bitcoin treasury company.
This sustained institutional demand offers a degree of downside protection for Bitcoin and supports its growing reputation as a strategic reserve asset—especially amid ongoing macroeconomic and geopolitical uncertainty.
U.S.-based crypto ETFs saw mixed flows last week. Spot Bitcoin ETFs recorded net outflows of $131.6 million, while Spot Ether ETFs posted inflows of $281.3 million. ETH is currently trading 1.2% higher at $2,530. The total global crypto market cap stands at $3.29 trillion, reflecting a slight 0.2% dip over the past 24 hours.
Altcoins and Memecoins in Focus
Altcoins are showing strength to start the week. SPX6900 (SPX) and Internet Computer (ICP) gained 5–7%, while AB (AB) led the pack with a rally of over 15%.
In memecoin news, Eric Trump announced that World Liberty Financial intends to add $TRUMP to its treasury holdings. Despite the buzz, the token slipped 0.56% to trade at $10.29.
Ripple has partnered with Web3 Salon, a Japan-based initiative backed by the Asia Web3 Alliance and the Japan External Trade Organization (JETRO). The collaboration will offer up to $200,000 per project over the next year. XRP is currently up 1%, trading around $2.23.
Dubai’s booming real estate sector—posting $18.2 billion in May sales—continues to embrace tokenization, with a record $3 billion blockchain real estate deal recently announced. However, RWA-linked tokens like LINK, AVAX, XLM, and ONDO are down 1–2% today.
Litecoin and Memecoin ETF Speculation
The Litecoin Foundation launched the Nexus Wallet, now available on Google Play and the iOS App Store. Still, LTC fell by 1.5% to about $87.18.
Meanwhile, Bloomberg ETF analyst Eric Balchunas predicts a strong chance of an actively managed memecoin ETF launching by 2026. Despite this, most memecoins are trading lower today—except BONK, FARTCOIN, and WIF, which are up around 2%.
Market Outlook
Bitcoin’s short-term trajectory will likely be shaped by progress in the US-China trade talks and upcoming U.S. macroeconomic data, including the Consumer Price Index (CPI) report due Wednesday and inflation expectations data later this week. Investors will be watching closely for signs of easing or worsening economic pressures.
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