#bitcoin is currently trading at $108,449 , slightly down by 2.36% on the day, but still holding strong after hitting a new all-time high of $111,258 earlier this week. Institutional demand remains a key driver of this rally, with #BlackRock’s iShares Bitcoin Trust (IBIT) posting a record-breaking $1.2B single-day inflow. So far in May, $BTC ETFs have attracted over $3.6B in net inflows, pushing total ETF AUM to approximately $126.8B—nearly 6% of Bitcoin’s total market cap. On-chain data shows #whales have accumulated over 83,000 BTC in the past month, while exchange reserves are at their lowest in over six months, suggesting strong long-term holding behavior. Regulatory developments are also turning favorable: the U.S. is advancing stablecoin legislation, and President #TRUMP has proposed a Strategic Bitcoin Reserve. Major banks like #JPMorgan and Morgan Stanley are expanding crypto exposure, further validating BTC’s role as a strategic asset. With tightening supply, institutional conviction, and macro tailwinds, analysts project Bitcoin could reach $125K–$150K by year-end. As always, investors should remain aware of the market’s volatility and conduct their own research.