Bitcoin (BTC)

Bitcoin (BTC) proved its resilience with a 7% gain in May 2026, maintaining a price above $108,000 as spot ETF inflows stayed consistently positive throughout the month. Brazil and Australia, which have offered spot Bitcoin ETF products since 2024, continued to see steady inflows alongside the US market, sustaining broad institutional demand. On-chain data reveals long-term holders (addresses holding BTC for 1+ year) are accumulating at their highest rate since October 2024, a signal that traders often read as a sign of reduced sell pressure.