Bitcoin Holds Near $77K as PCE Data Tests Fed Rate-Cut Hopes

Bitcoin stabilized near $77,000 through May 25 as investors digested mixed market signals and prepared for U.S. PCE inflation and jobless-claims data. Early-week dips below technical support redirected flows into yield products such as DeFi Hash and decoupled RWAs now valued at $33.6 billion. Retail participation continued to slide, with Coinbase consumer volumes down 35% quarter-over-quarter, even as Hyperliquid’s HYPE token surged 50% and captured 43% of on-chain fees. Institutional adoption advanced while experts warned that AI-driven quantum breakthroughs could shorten timelines for breaking current blockchain cryptography, leaving the market cautious ahead of the May 28 data releases.