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Thursday, May 22, 2025

Current Status of Bitcoin (BTC) — May 22, 2025


 Current Price: approximately $111,306 USD

24h Change: +1.64%

Intraday High: $111,547 USD

Intraday Low: $106,758 USD

Market Cap: over $2.2 trillion USD, now surpassing Amazon

Recent News

Bitcoin Pizza Day Anniversary:
Today marks the 15th anniversary of the first commercial Bitcoin transaction, when 10,000 BTC were used to buy two pizzas on May 22, 2010.
Coincidentally, BTC hit a new all-time high on this symbolic date.

U.S. Strategic Bitcoin Reserve:
The state of Texas approved the creation of a strategic Bitcoin reserve, with BTC stored in cold wallets for at least five years.
This follows a federal initiative announced by President Trump in March, aiming to position the U.S. as a global leader in digital assets.

Institutional Adoption Rises:
Marathon Digital Holdings (MARA) announced the allocation of 500 BTC with crypto firm Two Prime to generate yield—highlighting a growing trend of Bitcoin as a treasury reserve asset.

Future Outlook

Analysts suggest that the next key psychological level for BTC could be $115,000 USD, driven by:

Strong inflows into Bitcoin ETFs: Over $4.2 billion in BTC ETFs were recorded in May alone

Clearer regulations in the U.S.: Recent pro-crypto legislation is boosting investor confidence

Increased accumulation by whales: Large wallets are quietly accumulating BTC

Despite the optimism, experts caution about potential short-term corrections due to Bitcoin’s historical volatility.

     

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