Overview
- Bitcoin reached an all-time high of $111,861 on May 22, 2025, with its market capitalization surpassing $2.2 trillion.
- The US Senate advanced a bill to establish a regulatory framework for stablecoins, signaling increased clarity for crypto markets.
- JPMorgan Chase CEO Jamie Dimon announced the bank will now allow clients to purchase Bitcoin, marking a shift in institutional acceptance.
- Institutional investors, spot Bitcoin ETFs, and corporate treasuries have driven significant capital inflows into the cryptocurrency.
- A weakening US dollar, a rally in tech stocks, and Bitcoin's post-halving supply constraints contributed to its appeal as a store of value.