As of May 21, 2025, Bitcoin is trading around $106,243, up 0.85% for the day and nearing its all-time high of $109,114. A surge in institutional demand—especially $329M in ETF inflows—has driven a 35% rise in trading volume. Market sentiment is bullish, with most analysts expecting a new high by month’s end. Key developments include pro-Bitcoin legislation in Texas and growing adoption globally, including record highs in Argentina.