#BTCBreaksATH110K Yes, Bitcoin has recently broken its all-time high (ATH) and has been trading around the $110,000 to $111,000 mark, even surpassing it briefly.
Several reports from May 21st to May 26th, 2025, confirm that Bitcoin surged past $110,000, setting a new all-time high. This surge is attributed to various factors, including:
* Investor concerns over U.S. fiscal issues and a lackluster U.S. Treasury auction.
* Efforts by U.S. President Donald Trump to push Congress for comprehensive spending and tax cut legislation, which has led to a decline in the U.S. dollar, prompting investors to seek alternatives.
* A general recovery in the stock market and renewed investment in Bitcoin ETFs.
* Increasing institutional and corporate adoption.
* Reduced supply and growing demand.
While there might be some short-term volatility and fluctuations, the overall sentiment remains bullish, with analysts watching key resistance levels.