Bitcoin Week Kicks Off with Major Events and $5 Billion Payouts

Bitcoin faces a pivotal week with major events influencing the market. Key highlights include:

Bitcoin 2025 conference from May 27-29 in Las Vegas, expecting over 30,000 attendees.
First appearance of a sitting US vice-president at a crypto event, with JD Vance scheduled to speak on May 28.
Notable speakers include David Sacks, Bo Hines, and Senator Cynthia Lummis.
Nigel Farage will participate in a fireside chat, emphasizing Bitcoin's connection to national sovereignty.
The FTX Recovery Trust starts distributing over $5 billion to creditors on May 30, affecting market liquidity.
Macro data releases: Federal Reserve minutes on May 31, Q1 GDP estimate on June 1, and April PCE index on May 30.

Current BTC price is $109,686.

Bitcoin price