#BTC110KToday?

As of May 21, 2025, Bitcoin (BTC) is trading around $106,597, marking a 1.71% increase from the previous close. The day's trading has seen a high of $107,844 and a low of $104,350.

While BTC has not yet reached the $110,000 mark today, it is approaching its all-time high of $109,114.88, set in January 2025. The current price is approximately 2.3% below this peak.

Several factors are contributing to this bullish momentum:

Institutional Inflows: Major asset managers like BlackRock have significantly increased their Bitcoin holdings, with BlackRock purchasing over $3.1 billion worth of BTC since May 2.

Regulatory Developments: The establishment of a U.S. Strategic Bitcoin Reserve in March