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Bitcoin Shatters $110,000, XRP, Dogecoin, Ethereum Surge: 'Bulls Emerge Victorious,' Trader Concludes

  • On May 22, 2025, Bitcoin surged to a new all-time high above $110,000, sparking a broad rally in major cryptocurrencies worldwide.
  • This price surge followed weeks of sustained uptrend driven by strong buying pressure, renewed trader enthusiasm, and improving market conditions.
  • Supporting cryptocurrencies such as Ethereum, Solana, XRP, and Dogecoin posted significant gains, with Dogecoin notably rising over 7% alongside a large spike in trading volume.
  • Trader Tardigrade stated, "the bulls are now fully in charge," as Bitcoin reached $110,681 with liquidations exceeding $505 million, indicating a potential short squeeze.
  • The rally suggests accelerating institutional adoption and positive market sentiment, though around $200 million in sell orders between $111,000 and $113,200 pose notable resistance.
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Criptoinforme broke the news in on Wednesday, May 21, 2025.
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