The price of Bitcoin ($BTC) today, Thursday, May 22, 2025, has reached a new all-time high, trading in the range of $111,123 or around Rp1.8 billion per coin.$BTC

This increase is driven by several key factors:

Regulatory Advances in the US: The US Senate passed a stablecoin regulation bill, providing legal clarity that boosts investor confidence.

Institutional Interest: Companies like MicroStrategy continue to increase their Bitcoin holdings, with the latest purchase worth $765 million, raising the total holdings to over $63 billion.

Positive Technical Analysis: The formation of a "golden cross" pattern indicates the potential continuation of an upward trend, although there are signs of overbought conditions that need to be watched.

With the current momentum, some analysts predict that Bitcoin could reach $120,000 in the near future. However, investors are advised to remain cautious and consider the high market volatility.