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Bitcoin Fee Strikes Brand-New Doc Excessive over $111,000

  • Bitcoin reached a new record high above $111,000 on Thursday, continuing its rally amid growing investor interest in the United States.
  • This surge followed easing U.S.-China trade tensions, Moody's U.S. Debt downgrade, and advancing U.S. Crypto legislation promoting stablecoin regulation.
  • Strong inflows into Bitcoin ETFs, which attracted over $600 million recently, alongside corporate and institutional adoption, supported the price gains and broader market rise.
  • James Butterfill of CoinShares explained that Bitcoin’s recent gains are fueled by strong market momentum, increasing confidence in U.S. Regulatory developments for cryptocurrencies, and sustained demand from institutional investors.
  • The rally has increased Bitcoin’s market capitalization above $2.2 trillion and boosted altcoins like Ethereum and Solana, signaling expanding investor confidence and market growth.
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CUInsight broke the news in on Thursday, May 22, 2025.
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