Bitcoin (BTC) Market Update – May 20, 2025

Bitcoin is holding strong above the $100K mark, currently trading around $104,793, up 2.32% in the past 24 hours. The day's range spans from $102,411 to $106,705, showing continued volatility as traders eye new highs.

The broader crypto market is rallying, with global market cap reaching $3.34 trillion. Institutional interest is growing, and regulatory clarity—like the U.S. Senate’s progress on the GENIUS Act—is helping fuel optimism.

BTC is now just 4% shy of its all-time high of $109K, making the $100K level a new psychological support zone.

In other news, KULR Technology Group has increased its BTC holdings to 800+, and today marks Bitcoin Pizza Day, celebrating the first real-world BTC transaction in 2010. Bitget is even giving away 5,000+ pizzas worldwide!

Is the next leg up coming? Stay tuned.

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