Geopolitical tensions and macroeconomic uncertainties may lead to increased risk aversion, affecting crypto market sentiment and stability. Bitcoin forecasted to drop to $59,000 amid geopolitical tensions: Kalshi.
Bitcoin is quietly pulling big money back into the market as institutional investors increase exposure through spot Bitcoin ETFs. Asset management giant BlackRock is leading the latest wave of inflows, showing renewed confidence in Bitcoin as a long-term hedge. On May 1 alone, U.S. spot Bitcoin ETFs recorded a massive $629.
Arbitrum is back in focus as a major governance proposal seeks to unlock over $70 million worth of ETH to support its DeFi ecosystem. The move comes at a time when ARB price is stabilizing after a prolonged downtrend, hinting at a possible shift in structure.