Bitcoin price finds steady support at the $103,110 mark on Saturday, May 17 after Trump’s bold policy statements provided directional hints around Fed cuts and geopolitical risks. Trump’s Comments Stir Bitcoin Volatility as Rally Stalls Near $103K Bitcoin (BTC) paused its strong May rally on Friday, closing marginally lower at $103,110 after hitting intra-day highs of $103,677. The cooling momentum comes amid a flurry of updates from U.S. President Donald Trump, who reignited both macroeconomic and geopolitical discussions. Bitcoin (BTC) Price Action, May 17, 2o25 | Source: Coingecko Bitcoin traders appears to be reassessing bullish risk sentiment following his statements on Federal Reserve policy and an unexpected announcement regarding high-level talks with Russian President Vladimir Putin. “The Fed should cut rates sooner, rather than later.” Trump openly criticized Jerome Powell in a Truth Social post on Saturday, May 17, 2025. His remarks underscored renewed pressure on the central bank ahead… Read More at Coingape.com
Binance is listing Bubblemaps (BMT), causing a 100% rally for the newly launched altcoin. The exchange also put BMT in its HODLer Airdrops program, further driving engagement and market interest.
BMT will provide key benefits to Bubblemaps, powering its analysis platform and allowing increased community participation in its research and investigations.
Now, Binance is listing BMT and adding it to the HODLer Airdrops program.
“Binance is excited to announce the 12th project on the HODLer Airdrops page – Bubblemaps (BMT). Users who subscribed their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products… will get the airdrops distribution. Binance will then list BMT at 2025-03-18 15:00 (UTC) and open trading,” the firm claimed in an announcement.
At the time of writing, BMT price is up nearly 100% today, and its daily trading volume has surged 230%. Current market sentiment suggests significant hype and speculative around the new token.
Bubblemap’s data analytics tools have been instrumental in investigating crypto crimes, and it’s opening these to community participation. BMT holders will be able to submit cases and vote on on-chain research priorities through the new IntelDesk feature, helping decide new goals.
Meanwhile, BMT is the 12th asset to be in Binance’s HODLer Airdrops program. This program rewards BNB holders by periodically distributing free tokens from new projects.
This is mutually beneficial for both parties; Binance can reward its loyal users, and the exposure gives these new projects a real notoriety boost.
Ultimately, Bubblemaps’ token getting listed on Binance seems like a win for everybody. Sophisticated crypto investigations can be a thankless business, and BMT’s success directly subsidizes the platform’s work.
Avalanche (AVAX) price has been unable to reclaim the $20.00 support level after falling through it in the recent correction. The altcoin is now trading well below that key mark despite a noticeable decline in selling pressure.
However, bullish momentum has not been strong enough to counter prevailing bearish cues.
Avalanche Investors Are Not Selling
Analyzing the active address profitability reveals that less than 3% of current participants are in profit. This data highlights a crucial detail: most AVAX holders are unwilling to sell at a loss. Instead, they appear to be HODLing in anticipation of a recovery. This lack of selling is a bullish indicator.
The patience shown by investors during this downturn could help Avalanche establish a stronger base once broader market conditions stabilize. As fewer holders are actively selling, downward pressure on AVAX’s price is reduced. Given the right market catalysts, this opens a window for the altcoin to bounce back.
Avalanche Addresses by Profitability. Source: IntoTheBlock
Despite low selling activity, the technical indicators continue to signal weakness. The Relative Strength Index (RSI) has dropped back into the bearish zone after a brief recovery attempt. This suggests a lack of buying pressure and continued uncertainty among investors.
Market support has been lacking for AVAX in recent sessions, preventing a meaningful rebound. The altcoin is facing consistent resistance and has failed to generate strong upward momentum.
The RSI trend reinforces that the macro environment is still leaning bearish, keeping Avalanche subdued.
Avalanche is currently priced at $17.19, marking a 25% decline over the past two weeks. The sharp drop came after AVAX failed to break through the $22.87 resistance level. This rejection led to the current consolidation below $20.00, with bulls unable to reverse the trend.
Given the existing market cues, Avalanche may struggle to reclaim $18.27 as a support level. If the altcoin fails to secure this level, it risks dropping further to $16.25. This would deepen investor losses and delay any chances of recovery.
On the upside, a key shift would occur if AVAX can flip $19.86 into support. This would suggest strengthening bullish sentiment and open the door for a rally toward $22.87. Reclaiming this level could allow Avalanche to recover some recent losses and restore investor confidence.
On-chain data analysis shows the overall demand for Chainlink by whale investors has gradually increased in the last week.
LINK price has depicted a high correlation with BTC price in the past 30 days, amid rising bullish sentiment.
Chainlink (LINK) price has been battling short-term bearish sentiment after recording an impressive bullish breakout in April 2025. The mid-cap altcoin, with a fully diluted valuation of about $13.4 billion and a 24-hour average trading volume of about $261 million, had dropped around 9 percent in the last seven days to trade at $13.43 on Tuesday, May 6, during the late North American trading session.
However, the gradual rebound of LINK’s Futures Open Interest (OI) to about $583 million at the time of this writing, signals the rerun of robust bullish sentiment.
Robust Fundamentals for Chainlink Network
The Chainlink Network has grown significantly in the past year bolstered by the mainstream adoption by institutional investors. As Coinpedia reported, the Chainlink network reports more than a dozen DeFi integrations to its products. Moreover, the Chainlink ecosystem offers reliable on-chain oracle data to enable scalable development of web3 protocols.
For instance, AAVE’s GHO has grown by over 530 percent since adopting Chainlink’s cross-chain token standard to over $210 million.
Meanwhile, on-chain data analysis from IntoTheblock shows that the Chainlink network recorded a $348.15 billion surge in large transaction volume during the past 30 days.
Midterm Expectations for LINK Price
In the four-hour timeframe, Chainlink’s price has been forming a bullish continuation pattern, characterized by a falling wedge in a rising market. At the time of this writing, LINK price had not confirmed a bullish breakout from the rising wedge, but the mounting pressure signals an imminent breakout.
Furthermore, LINK price has recorded a 0.9 out of 1 price correlation with Bitcoin in the past 30 days. As a result, a consistent close above $14 in the coming days will propel a rally toward the next target of around $19 in the coming weeks.
The post Chainlink Price Analysis: When Will LINK Retest $19? appeared first on Coinpedia Fintech News
On-chain data analysis shows the overall demand for Chainlink by whale investors has gradually increased in the last week. LINK price has depicted a high correlation with BTC price in the past 30 days, amid rising bullish sentiment. Chainlink (LINK) price has been battling short-term bearish sentiment after recording an impressive bullish breakout in April …
