Record galore! Bitcoin holds above $110k mark; what’s next for BTC?

Bitcoin at record high: After nearly four months of sideways consolidation, Bitcoin (BTC) has shattered its previous all-time high, soaring to a record $111,861.22 on Thursday, May 22, 2025. The flagship cryptocurrency eclipsed its earlier peak of $109,114.88 set on January 20 this year, reflecting a strong bullish resurgence. Market analysts attribute the rally to a confluence of macroeconomic tailwinds, including easing geopolitical tensions, an improved regulatory environment, and sustained institutional interest.