Bitcoin has recently reached an all-time high, trading around $111,652 as of May 23, 2025.

🔍 Key Factors Behind the Surge
Regulatory Momentum: The U.S. government is making progress on stablecoin regulations, signaling increased support for the crypto market.

Institutional Adoption: Large-scale investments into Bitcoin ETFs are fueling mainstream acceptance and demand.

Economic Tailwinds: Global macroeconomic factors like a weakening dollar and reduced trade tensions are boosting investor confidence in crypto.

Bullish Technicals: Analysts say low funding rates and steady sentiment indicate this rally may have room to grow, without signs of extreme speculation.