#BTCBreaksATH

On May 21, 2025, the price of Bitcoin (BTC) reached a new all-time high of $109,545, surpassing its previous peak of $109,114 set earlier this year. This achievement comes amid easing global trade tensions and regulatory developments favorable to the cryptocurrency market.

Market Dynamics and Contributing Factors

The recent rise in Bitcoin's price can be attributed to several key factors:

Easing trade tensions between the United States and China: A 90-day trade agreement between the United States and China was announced on May 12, temporarily reducing tariffs and alleviating economic uncertainty, which boosted investor confidence.

Regulatory progress: The advancement of a bipartisan bill in the U.S. Senate to regulate stablecoins has been interpreted positively by the market, indicating a more regulated approach to cryptocurrency regulation.

Institutional adoption: Increased institutional investment interest in Bitcoin has provided additional momentum for its price rise.