Here's the latest cryptocurrency market update as of May 21, 2025:
🚀 Bitcoin (BTC) Hits New All-Time High
Current Price: $109,101 USD
24h Change: +2.99%
Intraday Range: $105,554 – $109,570
Bitcoin has reached a new all-time high, surpassing its previous peak of around $109,300 recorded in January. This surge follows a resurgence in investor risk appetite and increased optimism surrounding favorable U.S. cryptocurrency regulations. The digital currency had previously tumbled to around $76,000 in April due to fears of tariffs and broader economic uncertainty, which caused a withdrawal from high-risk assets. However, with a calming of global trade tensions and growing expectations that the Trump administration along with crypto-friendly lawmakers will enact supportive measures, investor confidence has rebounded.
📈 Ethereum (ETH)
Current Price: $2,575.60 USD
24h Change: +3.53%
Intraday Range: $2,459.69 – $2,600.00
Ethereum continues to show strong performance, benefiting from the overall bullish sentiment in the crypto market.
🔥 XRP (XRP)
Current Price: $2.41 USD
24h Change: +2.99%
Intraday Range: $2.32 – $2.42
XRP is showing signs of a potential breakout as traders await an SEC ruling on a potential XRP ETF. This anticipation could drive the price past $2.50.