Overview
- Bitcoin reached a new record of nearly $112,000 on May 22, 2025, surpassing its previous high set in January.
- The U.S. Senate's approval of a new crypto regulation bill has bolstered investor confidence in the digital asset market.
- Weaker inflation, eased U.S.-China trade tensions, and Moody's downgrade of U.S. debt have contributed to Bitcoin's appeal as a store of value.
- Institutional interest remains strong, with U.S. Bitcoin ETFs seeing record inflows exceeding $40 billion in the past week.
- Bitcoin's market capitalization now stands at $2.2 trillion, dominating the $3.5 trillion cryptocurrency market.