๐ Bitcoin Surges Past $107,000 as Crypto Market Gains Momentum
Wednesday, May 21, 2025 โ Bitcoin (BTC) continues its bullish rally, breaking through the $107,000 mark with over a 5% gain in the last 24 hours. The global crypto market capitalization rose by $31 billion, reflecting growing investor optimism and increased market participation.
Ethereum (ETH) followed the trend, trading around $2,540, while Ethereum Classic (ETC) gained further traction ahead of its upcoming halving event expected in the coming weeks.
Meanwhile, XRP futures saw a strong debut, recording $1.5 million in trading volume on its first dayโindicating rising interest from traders in derivative markets.
Analysts suggest this upward momentum may continue, supported by positive market sentiment and upcoming catalysts like halving events and new product launches. Still, traders are advised to remain cautious due to high market volatility.
