Bitcoin Price Update (BTC): Reaches All-Time High

Bitcoin reached a new all-time high of $109,400, eclipsing its previous record set in January during Donald Trump’s inauguration.

As reported by the CoinDesk Bitcoin Index, the leading cryptocurrency touched the price of $109,486 on Wednesday in the early hours of the U.S. market. This increase represents a surge of over 46% from its lowest point in April, driven largely by concerns regarding international trade conflicts and U.S. tariffs.

This new peak in Bitcoin’s value coincided with approximately $3.6 billion in net inflows into spot bitcoin exchange-traded funds (ETFs) during May, indicating a resurgence in investor confidence. Many companies focusing on Bitcoin treasury management, such as Michael Saylor’s organization and the newly formed Twenty One Capital, contributed to this buying momentum, propelling BTC to unprecedented heights.

Positive changes in U.S. regulations have further bolstered the cryptocurrency landscape, enhancing the credibility of digital assets as a viable investment category. Recently, the U.S. Senate progressed legislation aimed at regulating stablecoins, while various states and countries are also drafting laws to establish bitcoin reserves.

Experts believe that this rally has stronger sustainability compared to prior surges, referring to favorable market conditions, stablecoin inflows, and the absence of the speculative excitement seen during earlier price spikes, which suggests a more robust underpinning for the current market dynamics.