Bitcoin surpassed $107,000 on May 21, marking its first time crossing this threshold in four months. The leading cryptocurrency rose by nearly 2% over the last 24 hours across global exchanges. According to CoinMarketCap, Bitcoin is trading at $107,616 internationally, while Indian exchanges, including CoinDCX and CoinSwitch, report a price of $107,780 following similar gains.
Previously, Bitcoin peaked at $108,000 between December 2024 and January 2025. Market experts attribute its latest price momentum to shifting SEC regulations and growing institutional participation, factors that continue to shape crypto’s long-term prospects despite short-term price fluctuations.
Ethereum followed Bitcoin’s upward trend, rising by less than 1% to $2,587 on international exchanges.
The total cryptocurrency market cap increased by 0.87% in the past 24 hours, reaching $3.40 trillion, according to CoinMarketCap.
However, several major crypto assets experienced declines on Wednesday, including Ripple, Binance Coin, Cardano, Chainlink, and Litecoin.
