Bitcoin Market Faces Slow Movement as US Sentiment Holds Key to Next Surge

Bitcoin’s future hinges on US sentiment as Trump’s policies and institutional interest shape the market’s next potential surge.

Fridah Kangai
March 5, 2025
4:23 pm

Fridah Kangai

Fridah Kangai is a dedicated crypto journalist with a sharp eye for market trends, blockchain innovation, and digital asset movements. She specializes in breaking down complex topics into clear, engaging stories for both seasoned investors and curious newcomers. With a passion for decentralization and a pulse on the ever-evolving crypto space, Fridah delivers timely, accurate, and insightful coverage. Her work bridges the gap between technology and everyday understanding in the world of cryptocurrency.

Despite strong fundamentals, Bitcoin’s market movement remains slow, with US sentiment playing a key role in its next trajectory.
Trump’s stance on crypto regulations and XRP fuels speculation, with investors watching for potential favorable policy shifts.
Institutional players remain engaged in Bitcoin’s future, while on-chain activity stays weak, raising concerns among market participants.

According to CryptoQuant CEO Ki Young Ju, Bitcoin’s market movement remains sluggish despite strong fundamental indicators and increasing investor interest. Ju emphasized that the sentiment in the United States will play a crucial role in shaping the crypto market’s near-term trajectory.

Source: Ki Young Ju

In a recent post on X, Ju pointed out the up-trending of the Bitcoin mining rigs as a potential bullish signal for the market. But he pointed out that these indicators remain neutral while pointing to strong fundamentals that underpin expectations for a market rally.

#Bitcoin market will likely remain slow until sentiment in the U.S. improves.

There’s no significant on-chain activity, and key indicators are neutral, suggesting the bull cycle is still intact. Fundamentals remain strong, with more mining rigs coming online.

If the cycle ends… https://t.co/fSWl26d0gx pic.twitter.com/byWdweZhSQ
— Ki Young Ju (@ki_young_ju) March 4, 2025

On-Chain Activity Remains Weak Amid Market Uncertainty

While Bitcoin’s fundamentals remain strong, on-chain activity has been relatively subdued, which has led to uncertainty among market participants. Its lack of movement raises concerns among traders, but Ju remains confident that the bull cycle continues and that institutional players remain active.

He also noted that whales, mining companies, and institutional investors have a similar view of how Bitcoin will perform in the future. Ju also indicated that even retail traders cannot control the market direction under the given circumstances.

Trump’s Crypto Policies Drive Speculation on Regulatory Changes

Recent trends in the United States indicate that the current administration is working towards reshaping the country’s crypto regulations to favor growth. President Donald Trump has expressed interest in positioning the US as a leader in the global crypto space, fueling optimism among market participants.

The recently formed Crypto Council has yet to introduce concrete regulatory guidelines, but the industry expects more favorable policies ahead. Investors closely watch this potential policy shift for regulatory clarity that could drive long-term market expansion.

XRP Gains Traction Following Trump’s Strategic Reserve Comment

Trump’s recent statement about the US Strategic Reserve has further fueled discussions within the crypto community regarding the government’s stance on digital assets. The President included XRP among the digital assets the country wants to accumulate, indicating that the government may consider supporting Ripple.

This announcement has led to speculation about the ongoing legal dispute between Ripple and the SEC, which could soon conclude. A positive resolution could significantly boost market sentiment, set the stage for the crypto cycle’s next phase, and increase institutional adoption.

The coming weeks will be crucial as traders monitor US sentiment and regulatory decisions that could influence the market. If optimism increases and new rules are friendly to cryptocurrencies, Bitcoin and the entire market could get the push that will propel them to the next level.