The global crypto market has received a series of major positive news today (May 12, 2025)! According to international mainstream media reports, Bitcoin has stabilized above $100,000. With the resonance of multiple major news, the trading volume of Bitcoin perpetual contracts has hit a three-month high. Driven by the general optimism in the market, trading data shows that the trading volume of perpetual contracts on multiple trading platforms has exceeded the $35 billion mark in the past 24 hours.
Goldman Sachs increases its Bitcoin ETF holdings by 28%, institutional funds drive the depth of the perpetual market Today, Golden Finance reported that the global financial giant Goldman Sachs has significantly increased its holdings of iShares Bitcoin ETF (IBIT) by 28%, holding IBIT shares worth about $1.4 billion, becoming the world's largest IBIT holder. SEC documents show that Goldman Sachs also holds 3.5 million shares of FBTC, worth about $315 million. This move by the Wall Street giant was interpreted by the market as a strong recognition of the long-term value of Bitcoin.
International analysis agency data show that the large-scale entry of institutional funds has directly led to a significant increase in the depth and liquidity of the Bitcoin perpetual contract market. The latest trading data of XBIT (dex Exchange) reflects this trend, with its daily trading volume of Bitcoin perpetual contracts increasing by 36% month-on-month, setting a new record for the platform.
Twitter : @XBITDEX
The US Vice President will attend the Bitcoin Conference, and favorable policies will support market confidence
According to the latest report from Golden Finance, US Vice President JD Vance will give a speech at the Bitcoin 2025 conference in Las Vegas later this month to publicly support Bitcoin. As soon as this news came out, market confidence was further strengthened, and the buying of Bitcoin perpetual contracts was obviously active.
Market data showed that the long-short ratio of perpetual contracts jumped from 1.2 to 1.7 in a short period of time, indicating that investors' bullish sentiment has increased significantly. Analysis by professional trading data monitoring platform XBIT pointed out that positive policy signals may attract more traditional financial institutions to enter the crypto market and further promote the development of the Bitcoin perpetual contract market.
Twitter : @XBITDEX
Cathie Wood calls out $1.5 million target, bulls confidence boosted
Another big news today is that world-renowned investor Cathie Wood publicly stated that the recession is about to end and predicted that Bitcoin is expected to reach $1.5 million. At the same time, the Fed's tone has slightly turned dovish for the first time since 2021, which may bring more liquidity to the crypto market.
Trading data collected by XBIT (dex Exchange) shows that within two hours after Ms. Wood expressed her views, new long positions in Bitcoin perpetual contracts increased by 23%, and market confidence was significantly boosted. The spread of this optimistic sentiment may further push Bitcoin to a higher price range.
Twitter : @XBITDEX
Ethereum surges 38% to lead the market, XBIT perpetual contract liquidity improves
Ethereum rose more than 38% this week, its best weekly performance since 2021. This strong performance also boosted the activity of the entire crypto derivatives market. Data shows that the open interest of Ethereum perpetual contracts hit a record high, and the market is bullish.
While maintaining its own characteristics, XBIT continues to optimize its Bitcoin perpetual contract product experience. The platform adopts an innovative dynamic margin mechanism, which automatically adjusts the leverage ratio according to market volatility, effectively reducing the risk of users being forced to close their positions in a highly volatile market. At the same time, through multi-source liquidity aggregation technology, XBIT provides users with a lower slippage and higher depth trading environment.
Compared with traditional exchanges, the XBIT (dex Exchange) architecture allows users to have complete asset autonomy when trading Bitcoin perpetual contracts, while the platform's on-chain order matching system ensures the fairness and transparency of transactions. With the continued development of the crypto market and the continuous influx of institutional investors, XBIT will continue to be committed to providing safe and efficient crypto derivatives trading services.
