As of May 19, 2025, Bitcoin (BTC) is trading at approximately $103,002, reflecting a slight decrease of 0.35% from the previous close. The cryptocurrency has experienced an intraday high of $106,540 and a low of $102,986.
Bitcoin's market capitalization has surpassed $2.1 trillion, indicating strong bullish momentum in the crypto market. The cryptocurrency recently achieved its highest-ever weekly close at just below $106,500, marking a significant milestone.
Analysts predict that Bitcoin could reach $129,096 by May 23, 2025, representing a potential 23.59% increase over the next five days. This optimism is fueled by technical indicators and increased institutional adoption.
In a notable development, Japanese investment firm Metaplanet has acquired an additional 1,004 BTC, bringing its total holdings to 7,800 BTC valued at approximately $812 million.
Additionally, Robert Kiyosaki, author of "Rich Dad Poor Dad," has predicted that Bitcoin's price could reach $250,000, citing factors such as institutional adoption and macroeconomic trends.
These developments underscore the dynamic nature of the cryptocurrency market and the growing interest from both institutional investors and market analysts. $BTC