trading at approximately $110,840

As of May 22, 2025, Bitcoin (BTC) has reached a new all-time high, trading at approximately $110,840. This surge is attributed to several key factors:

Institutional Investment: Significant inflows into Bitcoin Exchange-Traded Funds (ETFs) have bolstered investor confidence. Notably, MicroStrategy recently acquired $765 million worth of Bitcoin, bringing its total holdings to over $63 billion.

Regulatory Developments: The U.S. Senate's advancement of a stablecoin regulation bill and Texas's approval of a Bitcoin reserve bill have provided greater regulatory clarity, encouraging further investment .

Macroeconomic Factors: A weakening U.S. dollar and improved U.S.-China trade relations have positioned Bitcoin as an alternative store of value, attracting investors seeking to hedge against traditional market uncertainties .

Analysts are closely watching the $115,000 level as the next significant psychological resistance point. While the current momentum is strong, potential risks include market volatility and changes in U.S. monetary policy.