$BTC As of now, Bitcoin (BTC) is trading at approximately $109,835 USD, reflecting a slight decrease of 0.87% over the past 24 hours. The intraday high reached $111,819, while the low touched $108,322.

Bitcoin recently achieved a new all-time high of around $111,891 on May 22, 2025, driven by factors such as the U.S. Senate's advancement of the GENIUS Act, which aims to regulate stablecoins, and increased institutional interest in cryptocurrencies.

However, the market experienced a slight pullback following President Trump's announcement of potential tariffs on EU imports and foreign-made iPhones, leading to a 2.5% drop in Bitcoin's price. Despite this, investor sentiment remains positive, with many viewing the current dip as a consolidation phase before potential further gains.

In summary, while Bitcoin has seen a minor correction from its recent peak, the overall market outlook remains bullish, supported by regulatory developments and growing institutional adoption.