As of May 21, 2025, Bitcoin (BTC) is trading at approximately $106,300, reflecting a 0.94% increase from the previous close. The cryptocurrency has experienced significant growth, nearing its all-time high of $108,786 set in January 2025. This surge is attributed to factors such as cooling trade tensions under President Trump's administration and increased institutional adoption.
In a notable shift, JPMorgan Chase CEO Jamie Dimon announced that the bank will now permit clients to buy Bitcoin, despite his personal skepticism. While JPMorgan will not provide custody services, it will include Bitcoin holdings in client statements. This move aligns JPMorgan with competitors like Morgan Stanley and reflects a broader regulatory shift under the Trump administration, which has adopted a more crypto-friendly stance.
Financial author Robert Kiyosaki has issued a warning about a potential global financial crisis, suggesting that the collapse of central banks could be imminent. He advises individuals to protect their wealth by investing in tangible assets such as gold, silver, and Bitcoin, emphasizing personal responsibility in managing financial risk during uncertain times.
Analysts predict that Bitcoin could reach $150,000 in 2025, based on historical trends and favorable regulatory expectations under the Trump administration. Factors such as spot ETF products in the U.S. and increased institutional adoption are driving this optimistic outlook.
In New York City, Mayor Eric Adams announced the creation of a new digital assets advisory council aimed at bringing jobs and investment to the city. The council will explore using blockchain and crypto for various city services, reinforcing Adams #bitcoin #BinanceAlpha$1.7MReward 
