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Bitcoin surpasses $107,000 for the first time since January

Crypto Market Soars as Bitcoin Breaks Record

May 21, 2025
in News
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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.

It’s important to note that cryptocurrency remains an unregulated digital asset, not recognized as legal tender, and is subject to market risks. The information provided should not be considered financial or trading advice. CryptoNow holds no responsibility for any investment decisions made based on the content of this article.
Tags: BitcoinBTCcryptoCrypto exchangeCryptocurrencyEthereumMining

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