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Bitcoin Tops $111,000. Why President Trump's Bill Is Moving Crypto. @Themotleyfool #Stocks $BTC $DOGE $ETH

  • Earlier this week, Bitcoin climbed past $111,000, setting a new highest price level in its history.
  • This surge followed a prior peak in December 2024 and was driven partly by the Senate's bipartisan advancement of President Trump's crypto-friendly GENIUS Act.
  • Supporting altcoins like Ethereum and Dogecoin also rose sharply, with Ethereum up more than 68% in one month as many stablecoins operate on its blockchain.
  • Analysts noted renewed aggressive buying interest at high prices, evidenced by 1,000 call contracts purchased for a $130K September strike and sustained taker buy activity.
  • The rally suggests growing optimism around US crypto regulation and institutional demand, potentially paving the way for continued price gains and wider mainstream adoption.
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כלכליסט- www.calcalist.co.il broke the news in on Thursday, May 22, 2025.
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