Bitcoin, which reached $111,000 in May, has struggled to maintain these heights in recent weeks. Experts discuss the reasons for this phenomenon and its impact on the cryptocurrency market.
Bitcoin Price Dynamics
According to Tom Lee, director of research at Fundstrat Global Advisors, the price decline is attributed to long-term investors taking profits. "We have clients who bought Bitcoin at $100. Even if Bitcoin goes to $1 million, they’ll probably sell at $100,000," Lee noted in an interview with CNBC.
Overall Cryptocurrency Market
While Bitcoin prices are stuck at psychological resistance levels, other areas of the cryptocurrency market are continuing to rise. For instance, Coinbase shares saw their best month since November 2023, rising 40% in June. Coinbase also became the only stock to double its value in the S&P 500 index in the second quarter of 2025, marking its first three-month rise since 2023.
Investor Trends and Preferences
Investors looking for alternative ways to earn in the face of limited price increases for assets like Ethereum and Solana are turning to methods such as 'staking'. ETF expert Dave Nadig claims that through staking, investors can achieve significant returns not only from price increases but by contributing to blockchain networks. "These returns can often be several percentage points higher than classic fixed-income instruments," he added. Additionally, there is a growing interest in ETFs that provide similar investment exposure rather than directly buying crypto assets.
In summary, the current dynamics in the cryptocurrency market, especially concerning Bitcoin and other assets, highlight the significant influence of long-term investors and new trends in earning methods.
