Breaking: Bitcoin Hits New All-Time High. Is $150K Possible?
Bitcoin, the leading cryptocurrency by market cap, has hit a new all-time high of $109,480 on the Bitstamp exchange.
The previous lifetime peak of $109,356 was recorded on the Bitstamp exchange back in January.
Bitcoin\’s new record peak comes amid extremely robust Bitcoin ETF inflows that signal strong institutional interest.
The cryptocurrency community is already celebrating the cryptocurrency\’s new peak, with Biancne CEO Richard Teng writing that Bitcoin is \”roaring.\”
#Bitcoin is roaring!
— Richard Teng (@_RichardTeng) May 21, 2025
Alex Thorn, head of firmware research at Galaxy, has noted that the flagship cryptocurrency is now in price discovery mode.
bitcoin is now in price discovery
“It might make sense just to get some in case it catches on.”
– Satoshi Nakamoto
– Jan. 17, 2009 pic.twitter.com/hU387JYHbP— Alex Thorn (@intangiblecoins) May 21, 2025
Earlier this week, Bloomberg analyst Eric Balchunas did not rule out that Bitcoin could hit $150,000 this year. This could trigger a new wave of institutional interest that would quickly allow BlackRock\’s IBIT to surpass Satoshi as the leading Bitcoin holder.