Bitcoin $BTC Breaks $111K: What's Fueling the Surge?
Bitcoin$BTC has smashed past $111,000 in May 2025—its highest price ever🤑—sparking renewed global interest in crypto. This rally is powered by bold moves from both governments and financial giants.
In a historic shift, Texas passed a bill to create a state-held Bitcoin $BTC
reserve, and former President Donald Trump #TrumpNFT signed an executive order establishing a national Strategic Bitcoin Reserve. Meanwhile, JPMorgan Chase, once a crypto skeptic, now allows clients to buy Bitcoin—marking a dramatic turnaround in institutional sentiment.
Tech firm MicroStrategy doubled down with a fresh $765 million Bitcoin purchase, pushing its total holdings over $63 billion. Analysts now eye $115,000 in the short term, with long-term projections ranging from $200K to even $1 million by 2030.
As Bitcoin celebrates its 15th “Pizza Day” 🍕anniversary, the digital coin is no longer just a fringe asset—it’s becoming a strategic cornerstone of finance.💸