Bitcoin pulls back, leaving a mixed sentiment in Crypto Markets
Cryptocurrencies are coming off a spectacular run, and despite taking time, Ethereum did grab some of the market share that Bitcoin had amassed. The most popular cryptocurrencies had taken a Lance Armstrong, all-by-himself run throughout the beginning of 2025.
Consistent ETF inflows, leading to strong Institutional demand, created a stream of support to push up prices for BTC. Then, progressively, the same thing spread to ETH, which had been lagging considerably—touching lows at $1,363 in April for those who were not watching.
There are some ongoing signs of profit taking, however, with the Whales (between 1,000 and 10,000 BTC) securing some profits at the all-time highs. Some funds and exchanges are doing the same, but not in a panic…
