Bitcoin (BTC) has carved out a strong new position in the market, driven by a wave of institutional adoption, corporate treasury interest, and renewed technical momentum. Here's an updated breakdown:
📈 Price & Technical Momentum BTC is trading solidly above $109,000–110,000, hovering near its all-time high of ~$112,000 seen in late May.
Technical indicators remain bullish, with analysts eyeing potential targets of $120K by mid‑2025, and even $200K–230K by year‑end financemagnates.com .
On‑chain metrics such as realized cap and MVRV ratios suggest the market is not overheated, keeping the door open for further upside in Q3 ccn.com .
🏦 Institutional & Corporate Dynamics Crypto funds hit a record $167 billion AUM in May, with net inflows reaching $7.05 billion, and Bitcoin funds attracting $5.5 billion reuters.com .
However, some Q1 filings indicate a slight pullback from hedge funds in spot-ETF holdings, even as long-term interest remains steady.
Happy Bitcoin Pizza Day! Today marks the anniversary of the first real-world Bitcoin transaction — on May 22, 2010, Laszlo Hanyecz paid 10,000 BTC for two pizzas. Yes, you read that right... 10,000 BTC!
At the time, it was worth about $41. Today? That same amount would be worth hundreds of millions.
This iconic moment proved that Bitcoin had real-world value — and kicked off a financial revolution.