TLDR:
- Milestone: Bitcoin (BTC) has officially surpassed the $110,000 mark, reaching a new all-time high (ATH) of nearly $110,800 on May 22, 2025, coinciding with Bitcoin Pizza Day.
- Market Impact: With a market cap exceeding $2.18 trillion, Bitcoin now ranks as the fifth most valuable asset globally, outperforming silver and Amazon stocks.
On the early morning of May 22, 2025, coinciding with Bitcoin Pizza Day, Bitcoin (BTC) achieved a remarkable milestone by surpassing the $110,000 threshold, setting a New all-time high (ATH) of nearly $110,800. The previous ATH gained by BTC in 2025 was in January when it reached $109,588. The comeback of Bitcoin over the last month has been nothing short of spectacular despite economic and political issues worldwide.
The journey towards this new ATH did not remain unturbulent. After crossing the peak of $109,588 in January, Bitcoin experienced a huge correction at $75,000 due to global economic instability brought on by U.S.-initiated trade wars under President Donald Trump. Since the U.S. declared a tariff truce for 90 days in early April and a similarly proportionate cooperation agreement in early May with China, however, Bitcoin began recovering losses. Macroeconomic events such as the U.S. keeping interest rates unchanged and reducing inflation in the U.S. also favored the turnaround and imparted positive signals for the upward trend of Bitcoin. The key driver for the recent bitcoin boom has been the continuous buying pressure of institutional investors. The market capitalization of bitcoin has risen to over $2.18 trillion in its present value as it now ranks alongside silver and Amazon as the fifth-largest global asset based on Infinite Market Cap data as of May 22, 2025. This record indicates Bitcoin’s rising prominence in the financial universe.
The rally has also tinted the overall cryptocurrency market green on May 22, as the majority of the altcoins recorded a 3% to 15% gain. The rally has not come without risk, however, as over $400 million of the cryptocurrency derivatives positions were closed in the last 24 hours, of which 57% were shorts.
The $110,000 bitcoin rise is a testament to the strength of the cryptocurrency and retail and institutional investors’ increasing confidence. As the flagship cryptocurrency continues making an impact in the financial sector, its fresh ATH marks a turning point in its history and confirms it once more as a pioneering investment vehicle.
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