Bitcoin Hits New All-Time High on Binance Amid Market Enthusiasm

3 mins mins

Key Points:

Bitcoin hits new all-time high of $109,666 on Binance.
Strong institutional demand drives price surge.
99% of Bitcoin holders now in profit.

Bitcoin achieved a new record on Binance with a price of $109,666 as of May 22, driven by sustained institutional interest and supply constraints.

This surge positions Bitcoin firmly in a mature, institutional-driven rally, reflecting broader adoption and resilience amid macroeconomic changes.

Bitcoin Surges to $109,666 Amid Robust Institutional Demand

Bitcoin’s price reached $109,666 on May 22, marking a new milestone in its trading history. Institutional players like MicroStrategy amplified interest by acquiring additional Bitcoins, indicative of confidence in the asset’s enduring value. Bitcoin spot ETFs saw substantial inflows, absorbing daily mining output and exerting upward pressure on prices. Standard Chartered noted Bitcoin’s appeal as a hedge against instability, contrasting with the uncertain dollar outlook. Market analysts emphasize that the rally is distinct from past cycles.

The cryptocurrency’s entry into new price territories reinforces its attractiveness as a hedge against economic disparities. This movement follows strong structural demand alongside Bitcoin’s increasing status as an asset class, with implications for future asset allocations. Notable experts assert that the market’s trajectory is driven by long-term investor faith in crypto’s transformative potential.

Matt Mena, Research Strategist at 21Shares, remarked, “The current rally is driven by structural forces rather than retail speculation,” attributing the momentum to institutional inflows, supply constraints, and an improving macroeconomic environment.

The rise in Bitcoin’s price has resonated widely with financial institutions and retail investors. Matt Mena of 21Shares remarked that supply constraints and institutional inflows remain key factors behind the momentum. Bitcoin is consistently being integrated into portfolios as interest grows globally, hinting at a protracted bull market phase. The sentiment is echoed by funds increasing their BTC allocations.

Post-Halving Dynamics and Bitcoin’s Resilience in 2025

Did you know? The post-halving price effect historically propels Bitcoin to new heights, as seen with a 536% surge post-2020 halving, offering insights into its current trajectory amid similar supply dynamics.

Bitcoin, currently valued at $109,665.06, showcases a market cap of 2,178,809,879,134.85 and dominance of 63.05%. Within 24 hours, its price rose by 4.13%, as per CoinMarketCap. Recent months highlight a growing trend with notable price increases over the last 90 days. Despite fluctuations, Bitcoin maintains a robust position in the market with dynamic trading volumes shaping its growth trajectory.

bitcoin-daily-chart-1059 — Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 16:52 UTC on May 21, 2025. *Source: CoinMarketCap*

Coincu research highlights a stable outlook for Bitcoin amidst regulatory debates and technological evolutions. Analysts at 21Shares predict continued investment diversification into crypto assets. This uptick might bolster innovation in blockchain technologies, yielding potential advantages for decentralized finance platforms. The rise signifies an institutional commitment to crypto as an enduring asset class.