On May 28, 2025, a notable statement from Eric Trump, shared by Michael Saylor on social media, stirred significant attention in the cryptocurrency community. Eric Trump's assertion that 'everybody in the world wants Bitcoin' reflects a growing mainstream sentiment toward the leading cryptocurrency, especially amid a volatile stock market environment. This statement comes at a time when Bitcoin's price has shown remarkable resilience, trading at approximately $67,500 as of 10:00 AM UTC on May 28, 2025, after a 3.2% increase within the previous 24 hours, according to data from CoinMarketCap. Meanwhile, the broader stock market, particularly the S&P 500, experienced a slight dip of 0.5% during the same period, closing at 5,280 points as reported by Bloomberg. This divergence highlights a potential shift in investor risk appetite, with many turning to Bitcoin as a hedge against traditional market uncertainty. The statement also coincides with heightened institutional interest, as evidenced by increased Bitcoin ETF inflows, with BlackRock’s iShares Bitcoin Trust (IBIT) recording $102 million in net inflows on May 27, 2025, per Farside Investors data. Such developments suggest that high-profile endorsements could further amplify Bitcoin's appeal to both retail and institutional investors, potentially impacting correlated crypto assets and related stocks.

From a trading perspective, Eric Trump's comment could serve as a catalyst for short-term bullish momentum in Bitcoin and related cryptocurrencies. As of 11:00 AM UTC on May 28, 2025, Bitcoin's trading volume surged by 18% to $35 billion across major exchanges like Binance and Coinbase, reflecting heightened market activity, as reported by CoinGecko. This spike in volume indicates strong retail interest, likely fueled by social media buzz surrounding the statement. Additionally, altcoins such as Ethereum (ETH) and Solana (SOL) also saw price upticks of 2.1% and 4.3%, respectively, within the same 24-hour period, trading at $3,850 and $165 as of the latest data from CoinMarketCap. The correlation between Bitcoin and major altcoins remains high, with a 30-day correlation coefficient of 0.85 for ETH/BTC and 0.78 for SOL/BTC, based on metrics from CryptoCompare. Traders might find opportunities in these pairs by leveraging momentum strategies, especially as stock market volatility pushes capital into crypto markets. Moreover, crypto-related stocks like MicroStrategy (MSTR) gained 2.8% to $1,620 per share on May 28, 2025, as per Yahoo Finance, reflecting direct market reactions to Bitcoin sentiment. This cross-market interplay suggests potential arbitrage opportunities for savvy investors monitoring both sectors.

Digging into technical indicators, Bitcoin’s Relative Strength Index (RSI) stood at 62 on the daily chart as of 12:00 PM UTC on May 28, 2025, indicating a moderately overbought condition but still below the critical 70 threshold, according to TradingView data. The 50-day moving average (MA) for Bitcoin, currently at $64,200, provided strong support during recent price dips, while the 200-day MA at $58,500 signals long-term bullish trends. On-chain metrics further support this outlook, with Glassnode reporting a 15% increase in Bitcoin wallet addresses holding over 0.1 BTC as of May 27, 2025, suggesting growing retail adoption. Trading volume for Bitcoin futures on the CME also rose by 12% to $8.5 billion on May 28, 2025, per CME Group data, indicating institutional participation. In terms of stock-crypto correlation, the S&P 500’s negative movement contrasts with Bitcoin’s gains, with a 30-day correlation coefficient dropping to 0.35 from 0.45 a month prior, as calculated by IntoTheBlock. This decoupling highlights Bitcoin’s role as a non-correlated asset during stock market downturns. Institutional money flow, particularly through ETFs, continues to bridge traditional finance and crypto, with potential for increased volatility if stock market sentiment worsens. Traders should monitor key resistance levels for Bitcoin at $69,000 and support at $65,000 in the near term, while keeping an eye on stock market indices for broader risk signals.

In summary, the statement from Eric Trump, amplified by Michael Saylor, underscores Bitcoin’s growing cultural and financial relevance, especially against a backdrop of stock market uncertainty. The interplay between crypto and traditional markets offers unique trading opportunities, particularly for investors who can navigate the nuances of cross-market correlations and institutional flows. With concrete data supporting Bitcoin’s bullish momentum, traders are well-positioned to capitalize on both short-term price movements and long-term adoption trends as of late May 2025.