Bitcoin Breaks $106K as Institutional Interest Widens

World, May 21, 2025 (ATB Digital) .- The price of Bitcoin exceeded USD 109.487.23 this Wednesday to reach a new historic peak, driven by an increase in institutional purchases and a strengthening of regulatory prospects for cryptocurrencies. Token climbed by 40% since it fell to around USD 76,000 in early April, as the market in general recovered after US President Donald Trump partially reversed his tariff policy.

Bitcoin closes above $106k for first time and without retail frenzy - Coin Surges

Bitcoin closed above $106,000 for the first time in its history on May 20, according to CryptoSlate’s data. The milestone followed several failed attempts earlier in the year, when that price level acted as strong resistance. This time, however, the rally pushed beyond the ceiling, briefly touching $108,024 and sparking optimism about another all-time high. Bitcoin’s Record Daily Close (Source: Barchart) Some market watchers believe Bitcoin coul…

Bitcoin Breaks $106K as Institutional Interest Widens

Research by Standard Chartered Bank shows a wider range of institutions are purchasing bitcoin proxies for their investment portfolios. Bitcoin Eyes …