today’s crypto currency news (May 22, 2025)
Bitcoin Hits New All-Time High
Bitcoin has crossed $110,000 for the first time ever, setting a new record.
This surge is driven by optimism over a new U.S. stablecoin bill progressing through Congress, which promises clearer regulations for the crypto industry.
Source: Economic Times
Analyst Willy Woo predicts that if Bitcoin stays above its previous high of $109,114, it could quickly rally to $118,000.
Source: Economic Times
Political Influence from the U.S.
Bitcoin’s rise is partly due to weakness in the U.S. Dollar, triggered by concerns over government spending and tax cut plans. Investors are turning to crypto as a hedge.
Source: Reuters
Former President Donald Trump has signed an executive order to create a "Strategic Bitcoin Reserve", signaling strong governmental support for crypto.
Source: Wikipedia
Other Major Crypto Updates
XRP Futures ETF Launched: Volatility Shares has launched the first XRP futures ETF today, marking a major milestone for Ripple.
Source: The Street
Bitcoin Pizza Day Celebrations: BTCC exchange is running a $52,000 campaign and social giveaway for Bitcoin Pizza Day.
Source: Morningstar
Altcoin Season Incoming? Bitcoin’s rally is pulling up other altcoins. Analysts suggest we may be entering a new altcoin season.
Source: Blockchain News
Let me know if you'd like news specific to a coin like Ethereum, Solana, or Dogecoin.
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