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. Three new jurisdictions—UAE, Brazil, and Australia—approved spot Bitcoin ETF products, bringing fresh institutional demand that rivals the scale seen with Ethereum's ETF launch in 2024. On-chain data reveals long-term holders (addresses holding BTC for 1+ year) are accumulating at their highest rate since October 2024, a pattern that historically predicts sustained price appreciation 70% of the time. This accumulation rate is 30% higher than the average for #6 Solana, underscoring Bitcoin's unmatched store-of-value narrative.