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Home » Blog » Bitcoin price hits new record high above $111,000
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Bitcoin price hits new record high above $111,000

Charlotte EvansBy Charlotte EvansMay 22, 2025
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ROMAIN COSTACA | AFP | Getty images

Bitcoin He continued his rally on Thursday, reaching a new record of more than $ 111,000.

Bitcoin reached $ 111,886.41 in the first hours of negotiation in London, agreed coins metrics, before the pair of profits to operate around $ 111,012.00 at 07:03 AM London.

The Bitcoin movement has been “promoted by a combination of positive impulse, the growing optimism to us around the cryptographic regulation of us and the continuous interest of institutional buyers,” James Butterfill, Chief of Research of Crypto-Focus Coinshares, told CNBC.

The increase in prices in the largest cryptocurrency in the world is being carried out despite a drop in the United States stock markets on Wednesday.

Bitcoin has typically correlated with capital markets, particularly the nasdaq technological heavy.

Bitcoin dividing movements and shares could be the result that investors are looking for alternative value stores.

“The demonstration was also helped by broader macro concerns, including the recent American sovereign debt of Moody, which joined Bitcoin’s narration as a coverage against fiduciary instability,” Butterfill said.

This is a last minute news. Consult again for more information.

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