On May 28, transactions on the Bitcoin network surpassed an estimated $25 billion, the highest level in the past year, highlighting the continued growth of network activity and adoption. 📈 Blockchain.com data shows that approximately 367,000 BTC were transferred on this date, the largest amount since June 13, 2022.

Since Bitcoin's price is above $69,000, the total transaction value has reached a significant $25.5 billion. Bitcoin's price remained stable around $69,000, largely driven by a demand zone ranging from $66,900 to $68,900.

Interest in Bitcoin ETFs continues to positively impact investor sentiment despite concerns about Bitcoin stalling below $70,000. 🚀 A college professor who persuaded the Wisconsin Board of Investment to invest $160 million in a Bitcoin ETF sees it as a strategic entry point.

On the other hand, trading analyst Peter Brandt predicts that BTC could reach $130,000 by 2025, noting that the current bull run mirrors previous halving cycles.