📈 Bitcoin Update – May 26, 2025

Bitcoin $BTC is trading around $110,000, approaching its all-time high of $110,700 reached earlier this month.

Key Developments:

Price Fluctuations: BTC briefly dipped below $107,500 following renewed tariff concerns from the Trump administration.

Institutional Adoption: JPMorgan Chase announced it will include Bitcoin holdings on client statements, signaling growing institutional acceptance.

Business Insider

Global Initiatives: Pakistan allocated 2,000 megawatts of electricity to support Bitcoin mining and AI data centers, aiming to utilize surplus energy and attract foreign investment.

Reuters

State-Level Moves: The Texas House passed a bill to establish a strategic Bitcoin reserve, positioning the state as a leader in financial innovation.

Chron

Analyst Insights:

On-chain analyst Willy Woo predicts that once Bitcoin surpasses its all-time high, it could rapidly surge to $118,000.

Stay informed and monitor market movements closely.

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