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Bitcoin Breaks $100K as Institutional Interest Booms

Bitcoin has surged past the $100,000 mark, reaching $105,208 on May 12, 2025. This rise is fueled by strong institutional adoption, including the U.S. government’s Strategic Bitcoin Reserve and New Hampshire’s new crypto reserve initiative. Coinbase’s $2.9 billion acquisition of Deribit further signals growing confidence in crypto derivatives.

While analysts like Arthur Hayes warn of a possible Q2 correction, momentum remains strong with a 25% spike in trading volume. Bitcoin’s market cap now sits above $2 trillion, reaffirming its status as a key global asset.

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