On May 22, 2025, Bitcoin reached a new all-time high of $111,880 and subsequently surpassed it, trading around $111,539 at the time, showing a 3.63% increase in the last 24 hours. Just a few months earlier, in January, it stood at a lower $109,588. Bitcoin has a total market value now exceeding 3.45 trillion, and with a daily trading volume of a surprising 58.3 billion.
There are now approximately 19.69 million Bitcoins in circulation, nearly maxing out the limit of 21 million. 76,600 in March, marking a 34% increase
Why Did Bitcoin’s Price Jump Suddenly?
Two big events pushed the price higher. First, the U.S. and China eased trade tensions. On May 12, they agreed to cut tariffs from 25% to 10% for 90 days. This helped stock markets: the S&P 500 jumped 1.3% and the Dow Jones climbed 1.6%. Meanwhile, gold prices fell from $2,430 to $2,312, as investors looked for better returns in Bitcoin.
Second, the GENIUS Act is moving forward in the U.S. Senate. This law will regulate USD-backed stablecoins. It passed its second hearing and could be finalized by the third quarter of 2025. This legal clarity is encouraging more investors to trust crypto.
How Quickly Is Bitcoin’s Price Moving?
Bitcoin’s rise has been fast. In just one month, the price jumped from $87,516 to $109,800. That is almost a 23% increase. In one week, it climbed about 7.2%, from $103,126 to $109,800. Within 24 hours, Bitcoin moved between $105,706 and $109,800, settling near $107,000.
Futures trading shows high interest. Open interest hit $749.89 billion, a record. Bitcoin ETFs brought in $609.72 million in inflows on May 21. Grayscale’s Bitcoin Trust traded $195 million in volume, while Binance saw $12.6 billion in Bitcoin trades.
Institutions Are Loading Up on Bitcoin
Large investors are piling in. BlackRock holds about 147,800 BTC, worth $16.2 billion. Fidelity owns 92,500 BTC, valued at over $10 billion. The ARK 21Shares ETF has 38,000 BTC, worth $4.2 billion. Coinbase’s daily Bitcoin trading volume is $5.74 billion. Coinbase’s stock price rose to $186.50, up nearly 10% this week. Crypto funds attracted $1.4 billion in May alone.
MicroStrategy now owns 214,400 BTC, worth more than $23 billion. Tesla’s Bitcoin holdings are valued at about $3.7 billion at this price.
What’s Next for Bitcoin?
Analysts see more gains ahead. The next target is around $114,500. If Bitcoin breaks that, it could rise to $120,000 soon. Some forecasts say it may reach $132,000 by the end of 2025. In 2026, Bitcoin might pass $150,000, driven by the upcoming halving and wider adoption.
Technical levels to watch are support at $103,000 and $106,200. Resistance stands at $114,500 and $120,000. The Relative Strength Index (RSI) is at 78, which is high but not yet extreme. The 200-day moving average is near $78,400, showing long-term strength. Binance’s funding rate is positive at 0.049%, which usually means bullish sentiment.
Bitcoin’s new all-time high shows strong growth and trust in crypto. Its market cap is over $2 trillion, with record ETF inflows. More than 56 million wallets now hold Bitcoin worldwide. The Bitcoin network is strong too, with hashrate hitting 627 exahashes per second, the highest ever. Still, Bitcoin is volatile. Prices can swing quickly. Keep an eye on the news and regulation changes. But for now, the outlook looks promising.
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