Bitcoin Races Towards New All-Time Highs – Crypto Update

BTC is less than $1,000 from its all-time highs! Bitcoin and other cryptos appreciated quite well since April 2025, from a rebound in risk assets. Fears from US tariffs were at their peak as President Trump started to put down the microphone and discuss with other foreign politicians. The US dollar as been lagging, giving a further boost to cryptos.

Total Crypto Market Cap since 2024

Crypto Total Market Cap, November 2024 to 21 May, 2025 – Source: TradingView

Bitcoin is coming really close to its all-time highs, right now at $109,200 and its all time-high is at $109,618. Up a staggering 46.5% since April 7th lows, BTC has enjoyed from a risk-on appetite in markets.

Gold for example has been correcting since, off its highs and…

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