Published
05/22/2025, 19:07Today, May 22, the first cryptocurrency broke through a new ceiling — the value of the asset crossed the $110,000 mark.
According to the Binance cryptocurrency exchange, the asset's market capitalization exceeded $2.165 trillion amid growth, and BTC's share of the total cryptocurrency market reached 63%, allowing it to enter the top five largest assets in the world, overtaking Amazon in terms of capitalization.
The total capitalization of the cryptocurrency market also continues to grow, reaching $3.54 trillion. Over the past 24 hours, the price of Bitcoin has risen by more than 4%.
“The current growth of Bitcoin is based on a solid technical and fundamental foundation. We are seeing a sustained bullish momentum — BTC's realized capitalization grew by $3 billion in a day. This confirms the interest from institutional investors,” said Kirill Khomyakov, Binance's Regional Director for Central and Eastern Europe, Central Asia, and Africa.
Among the factors contributing to the growth of cryptocurrency, experts highlight the steady inflow of funds into spot ETFs, the cost averaging strategy of large investors, macroeconomic uncertainty, and positive signals from regulators.
Interestingly, the historical high was recorded on Bitcoin Pizza Day — May 22. It was on this day 15 years ago that the first transaction involving payment for goods in BTC took place.
“This date is symbolic. It reminds us how far the industry has come. What once cost a few dollars is now valued at hundreds of thousands,” added Kirill Khomyakov.
