Bitcoin ($BTC) continues to trade near its all-time high of $112,509.65, reached on May 22, 2025, with the current price hovering around $111,000 as of May 24, 2025. The cryptocurrency’s resilience comes amid strong institutional demand, with U.S.-based spot Bitcoin ETFs seeing $2.75 billion in inflows this week, a sharp rise from the previous week’s $608 million. Easing U.S.-China trade tensions and a Moody’s downgrade of U.S. sovereign debt have further fueled investor interest in Bitcoin as an alternative store of value.
Posts on X reflect bullish sentiment, noting that Bitcoin’s price surge stalled just below $106,600, a key level with 31,000 $BTC held, indicating strong holder conviction. Despite a 5% dip in the broader crypto market cap to $3.5 trillion, analysts remain optimistic, with some projecting a potential climb to $150,000 by mid-2026, driven by regulatory clarity and corporate adoption. However, investors should remain cautious, as macroeconomic uncertainties could introduce volatility.
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