As of May 22, 2025, Bitcoin (BTC) has reached a new all-time high, surpassing $110,000 for the first time. The current price is approximately $110,745, marking a 3.2% increase from the previous close. The intraday high is $111,547, and the low is $106,178.
š Key Drivers of the Rally
Several factors have contributed to Bitcoin's recent surge:
Institutional Adoption: JPMorgan Chase CEO Jamie Dimon announced that the bank will permit clients to purchase Bitcoin. Additionally, MicroStrategy purchased $765 million in Bitcoin, bringing its holdings to over $63 billion.
Regulatory Developments: The U.S. Senate advanced a stablecoin regulation bill, signaling a more favorable regulatory environment for cryptocurrencies.
Macroeconomic Factors: Easing geopolitical tensions and a dovish stance from the Federal Reserve have bolstered investor confidence in risk assets like Bitcoin.
