Today, on May 21, 2025, the cryptocurrency Bitcoin surged to a record high of $109,499.76 amid optimism regarding the regulatory framework for digital assets. This breakthrough surpasses the previous record set on January 20 during Donald Trump’s inauguration as U.S. President. Following that peak, Bitcoin experienced a temporary decline due to the lack of concrete measures for cryptocurrencies in the early months of Trump’s second term. However, Bitcoin crossed the $100,000 threshold again on May 8 following a trade agreement between the U.S. and the UK, which revived investor hopes for a resolution to the tariff war initiated by Trump.
Wall Street: Bitcoin Hits Historic High at $109,500
—
in Markets