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The second half of May has proven to be a major plus for the cryptocurrency market. Yet, that could be set to get even better for the leading crypto by market cap. Indeed, With Bitcoin reaching a new all-time high price of $111,000 Standard Chartered Bank has recently theorized that an ongoing US dollar fall could incite an even greater BTC rally. The greenback has struggled mightily so far in 2025 for a variety of reasons. Macroeconomic pressures and geopolitical tensions have left the global reserve currency at three-year lows. That could prove to be a benefit to the digital asset sector and Bitcoin’s price specifically. Source: Freepik Also Read: Standard Chartered Apologizes for $120k Bitcoin Target: Says It ‘May Be Too Low’ Bitcoin Set for 2nd All-Time High in 2025? Standard Chartered Says US Dollar Can Make It Happen In a recent speech, US Vice President JD Vance says the country did not believe that “Bitcoin competes with the US dollar.” Yet, that doesn’t ...

The two founders behind a leading blockchain data firm are diving into what has fueled Bitcoin’s (BTC) most recent venture past $100,000. According to Glassnode co-founders Jan Happel and Yann Allemann, inflation data sparked this week’s BTC rally to over $100,000. “With inflation data meeting expectations, Bitcoin has surged back above $100,000! Next steps: Flip $102,000 into support, breaking the price compression below this zone. A loss of $100,000 could lead to a retest of the $97,200–$98,500 support, aligning with the lower end of the ascending channel. A daily close above $102,000 sets sights on $104,000, and eventually, the upper channel at $108,000. Will Bitcoin breakthrough pull back?” Source: Negentropic/X BTC is trading for $101,604 at time of writing, up 7% in the last two weeks. Moving on to top Ethereum rival Solana (SOL), Happel and Allemann say that SOL is eyeing a major rally as well. “SOL Eyes a Breakout...