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Bitcoin has skyrocketed to a new summit of all time (ATH), jumping the former giants of Google and Amazon technology in market capitalization in the middle of institutional demand, led by Blackrock, Bitcoin ETF.
BTC has climbed a record peak of $ 111,861.22, but has since traced trade at $ 110,732.10 at 10:41 p.m..
The recent increase in the price of the BTC not only saw the total cryptography market capitalization Increase more than 4% to more than 3.5 billions of dollars, it also allowed the total Bitcoin evaluation to exceed that of Amazon and Google.
The current Bitcoin market capitalization amounts to more than 2.2 billions of dollars, taking into account 2.05 billions of Google dollars and 2.13 billions of Amazon dollars, according to in CompaniesmarketCap.
Blackrock Bitcoin Etf publishes the highest entries in 2 weeks
The new Bitcoin ATH came while the Bitcoin ETF (Stock Exchange Funds) recorded $ 607.1 million at net daily entries on May 21, data Farside investor emissions.
Blackrock Bitcoin ETF, who is the leader in terms of cumulative entries, maintained his domination, with $ 530.6 million in the fund yesterday. It was much more than the second best performer, who was Fidlity’s FBTC with $ 23.5 million in admissions.
No one has ever lost money by buying bitcoin.
– Michael Saylor (@saylor) May 21, 2025
The BlackRock FNB Bitcoin also ended up buying more than 10 times the amount of BTC that was produced yesterday. It was after the fund recovered 4,931 BTC, while minors produced only 450 BTC yesterday.
A new stable bill could trigger a multi -year bull race
The feeling was supported after the US Congress has advanced a Stablecoin key bill. Bitwise’s investment director Matt Hougan wrote in a Recent blog arte That the so-called genius Bill could trigger a “multi-year” bull run.
“Apart from the January 2024 approval of the FNB Bitcoin, it is the most important regulatory development in the history of the crypto,” he wrote. “He can even be bigger.”
While the bill awaits approval, the crypto of Donald Trump and the Tsar of AI David Sacks said In a recent interview with CNBC, the bill on the stable “will adopt”.
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