Bitcoin breaks past $107k resistance: Is a new all-time high on horizon?

Crypto markets were buzzing in trade on Wednesday, May 21, 2025, with flagship currency Bitcoin (BTC) holding above the $107,500 levels. Market analysts believe this breakout above $107,500 levels could potentially open the door toward $110,000 and new all-time highs.

The bellwether currency was quoted trading at around $107,575.86, up by 1.32 per cent at 10:46 AM on Wednesday, May 21. The world’s most popular cryptocurrency had a 24-hour trading volume of $50.84 billion.