- Bitcoin surpasses $105,000, showing continued growth.
- Institutional interest increases amid market dynamics.
- Traders target $110,000, monitoring overbought indicators.
Bitcoin has surged past $105,000 as of May 18, 2025, according to Paolo Ardoino on Twitter. This achievement reflects the sustained upward trend seen throughout the year.
The milestone of Bitcoin breaking $105,000 heralds significant implications for cryptocurrency markets, highlighting increased institutional involvement and influencing altcoin prices.
Paolo Ardoino confirmed this milestone, reflecting industry consensus on its significance. Analyst Scott Melker predicts Bitcoin’s potential to reach $250,000, citing decreasing market volatility.
Ethereum has also benefited, climbing past $2,500. The upward trajectory highlights the interconnected nature of cryptocurrency markets, spurred by Bitcoin’s movement.
Grayscale’s GBTC noted $320 million in net inflows coinciding with Bitcoin’s rise. This aligns with broader market rallies, such as the S&P 500’s 1.2% increase, boosting investor appetite.
“Bitcoin has officially crossed the significant price threshold of $105,000, marking a historic moment for the cryptocurrency.” — Paolo Ardoino, CTO of Bitfinex
The achievement indicates possible long-term impacts on market stability and growth. Increased institutional involvement may reduce volatility, fostering a favorable environment for ongoing advancements in the cryptocurrency sector.
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