- Bitcoin hit a new all-time excessive above$109,000 on May 21, 2025.
- The milestone noticed 100% of BTC holders fall into profit.
- Bitcoin additionally surpassed Amazon in phrases of market cap
Bitcoin value has simply surged to a new all-time excessive above $109k.
On May 21, 2025, the value of Bitcoin spiked greater than 4%, storming previous its earlier ATH as optimism swept bears apart.
Over $50 million value of BTC shorts have been liquidated in simply an hour.
100% of Bitcoin holders are in profit
This newest Bitcoin value surge despatched each different holder of the coin right into a worthwhile place.
According to information from Sentora, previously IntoTheBlock, 100% of Bitcoin addresses have been in the cash amid the large milestone.
With Bitcoin (BTC) value retesting the $109k degree, holders underwater declined to zero. Also at 0% have been addresses with the cash, that means wallets whose common purchase value was at or close to the earlier ATH.
Sentora had earlier shared by way of X on May 21, 2025, that BTC holders have been 99% in profit as the value crossed the $107k degree.
Rather a lot of these celebrating the new ATH are hodlers who’ve held BTC for greater than a 12 months. The proportion depend in keeping with Sentora information is 75%. More than 21% have held Bitcoin for 1-12 months.
Notably, when Bitcoin value fell to below $80k in April, new holder wallets have been amongst these to aggressively offload.
Analyst says BTC may hit $600k in 2025
On May 21, as Bitcoin value surged in the direction of its all-time excessive above $109k, Fred Krueger shared his staggering Bitcoin value prediction for 2025.
According to the BTC bull, the highest crypto may see its value hit $600k by October 2025. While this can be an excessively bullish take, his forecast is {that a} run to $150k by the summer season will present the impetus for a new parabolic leg up.
Once we escape previous 110K, there is no such thing as a extra friction.
Its a clean trip to 150k.“Ground Control to Major Tom”
— Fred Krueger (@dotkrueger) May 21, 2025
Saylor says it’s time to purchase BTC
As Bitcoin rose to its new ATH, Michael Saylor, founder of Strategy, stated Bitcoin continues to be a purchase regardless of the rally.
In a post on X, Saylor famous that not buying BTC at present value ranges is “leaving money on the table.”
Earlier, in late April, the MicroStrategy founder noted that quickly banks and international monetary establishments will quickly make Bitcoin “unaffordable” to the common investor.
The remarks mirror quite a few predictions that see BTC at $200k in 2025 and $1 million in the subsequent few years.
Bitcoin surpasses Amazon by market cap
In the previous 24 hours, the benchmark crypto has additionally notched one other milestone – its market cap has surpassed that of Amazon.
JUST IN: Bitcoin overtakes Amazon and Google to grow to be the fifth greatest asset in the world. pic.twitter.com/dYqKvTTAEK
— Bitcoin Archive (@BTC_Archive) May 21, 2025
According to particulars on CompaniesMarketCap, Bitcoin’s spike above $109k sees it overtake Amazon, the main e-commerce firm listed in the U.S.
While Amazon at present sits at a $2.157 trillion market cap, Bitcoin has elevated to over 2.166 trillion.
