On May 21, 2025, Bitcoin set a new record by surpassing the $110,000 mark for the first time in its history, sparking widespread interaction on social media under the hashtag #BTCBreaksATH110K، .
This historical rise is attributed to several key factors:
Regulatory developments in the United States: The U.S. Congress has progressed in passing the "GENIUS Act" to regulate stablecoins, which has increased investor confidence in the cryptocurrency market.
Adoption by major institutions: Exchange-traded funds (ETFs) saw massive financial inflows, with BlackRock's iShares Bitcoin Trust receiving nearly $6.5 billion in May alone.
Increased political support: The administration of President Donald Trump announced the establishment of a strategic reserve of Bitcoin, reflecting a shift in policies towards cryptocurrencies.
Increased institutional demand: Major companies like Strategy and Cantor Equity Partners have purchased large amounts of Bitcoin to bolster their reserves, contributing to the price increase.
With this rise, analysts expect Bitcoin to continue achieving additional gains, with the possibility of reaching higher levels like $120,000 in the near future.
On social media, users expressed their excitement using the hashtag #BTCBreaksATH110K، indicating that this achievement marks the beginning of a new phase of adoption and interest in cryptocurrencies.
Given these developments, it seems that the cryptocurrency market is entering a new phase of growth and institutional interest, which could lead to further increases in the future.
