As of May 23, 2025,

$BTC Bitcoin (BTC) is trading at approximately $110,796, marking a slight decline of 0.54% from the previous close. The day’s trading range has seen a high of $111,819 and a low of $110,414.

Recent Developments:

• All-Time High: Bitcoin recently achieved a new all-time high, surpassing $111,000, driven by increased institutional demand and favorable regulatory developments in the U.S. 

• Institutional Interest: The surge is attributed to growing institutional adoption, with significant inflows into crypto ETFs and positive sentiments from major financial entities. 

Short-Term Price Predictions:

• CoinCodex Forecast: Predicts a bullish trend with BTC potentially reaching $134,776 by May 28, 2025, representing a 21.72% increase from the current price. 

• Changelly Outlook: Anticipates BTC to hit $115,912 by May 24 and $127,359 by May 26, indicating a continued upward trajectory. 

• Binance Prediction: Suggests a modest increase, projecting BTC to reach $111,706.58 by May 24. 

Market Sentiment:

The overall market sentiment remains bullish, fueled by institutional investments and regulatory clarity. However, analysts advise caution due to potential volatility and market corrections. 

For investors in Binance , it’s essential to stay informed about global economic indicators and local regulations that may impact cryptocurrency investments.