Bitcoin steadies near $77,500 after May 25 move lifts gains 1.2% and market cap to $1.55T
On May 25, bitcoin rose to an intraday high of $77,831 and later hovered around $77,500, posting 24-hour gains of 1.2% and a market capitalization of about $1.55 trillion. The move followed renewed risk appetite tied to optimism around Middle East peace talks, while oil prices fell sharply over the weekend. Bitunix analysts cautioned that expectations for a potential Federal Reserve rate hike as early as October could weigh on high-leverage assets.