On May 21, 2025, Bitcoin achieved a new all-time high, reaching $109,888.11, surpassing its previous peak from January. This surge is attributed to growing investor optimism regarding U.S. cryptocurrency legislation, which is anticipated to provide a more stable and supportive environment for digital assets . The rally also reflects increased institutional interest and heightened futures market activity, contributing to a robust 24-hour trading volume of over $50 billion and a market capitalization exceeding $2.1 trillion . This milestone underscores Bitcoin’s integration into the broader financial system and its appeal to both institutional and retail investors. ￼ ￼ ￼