Bitcoin Breaks $105K Barrier: Road to $108K and Beyond as Crypto Market Nears $4 Trillion
Bitcoin’s remarkable surge past $105,000 has ignited bullish sentiment across the cryptocurrency market, with experts eyeing $108,000 as the next milestone. The total crypto market capitalization is now approaching $4 trillion, driven by institutional confidence and retail investor enthusiasm. Technical indicators suggest a potential parabolic move, reminiscent of early bull cycles, as BTC currently trades at $106,373.03 USDT.
Bitcoin Surges Past $105K as Crypto Market Nears $4 Trillion Valuation
Bitcoin breached the $105,000 resistance level with momentum building toward $108,000, fueling speculation of an imminent all-time high. The cryptocurrency market capitalization now flirts with $4 trillion, reflecting institutional confidence and retail FOMO.
Technical analysts highlight a bullish ascending triangle formation, suggesting accumulation before a potential parabolic move. Market structure resembles early-stage bull markets where liquidity begets higher prices.
Macroeconomic catalysts loom large. The Federal Reserve’s rate path, Treasury yield fluctuations, and BRICS nations’ de-dollarization efforts could accelerate Bitcoin’s ascent toward six-figure targets. Some models project $158,000 as a near-term possibility, with cycle tops potentially reaching $600,000.
Jack Dorsey Proposes Renaming Satoshis to Simplify Bitcoin Payments
Jack Dorsey, co-founder of Block, is championing a controversial proposal to rename satoshis—the smallest unit of Bitcoin—as "bitcoin" to eliminate decimals and streamline transactions. The move, outlined in BIP 177, aims to enhance mainstream adoption by making crypto payments as intuitive as tapping a smartphone.
Supporters argue the change WOULD improve marketing clarity, while critics remain divided over altering a 15-year-old convention. Dorsey’s push reflects Bitcoin’s relentless evolution, even as it grapples with foundational debates.
KindlyMD Shareholders Approve Bitcoin Pivot via Merger with Nakamoto Holdings
KindlyMD shareholders have greenlit a merger with Bitcoin-focused Nakamoto Holdings, creating a Nasdaq-listed vehicle to accelerate institutional Bitcoin adoption. The deal, spearheaded by Trump crypto adviser David Bailey, aims to consolidate Bitcoin-native businesses under a single publicly traded entity.
Regulatory filings with the SEC will commence immediately, with the transaction expected to close in Q3 2025. The merger positions Nakamoto Holdings to transform bitcoin into a cornerstone asset for global capital markets through its new public market access.
Best Crypto To Buy Now As The Bitcoin Bull Market Heats Up
Bitcoin’s surge past $100,000 in May has ignited a fresh wave of enthusiasm across the crypto market, dispelling previous psychological barriers and fueling expectations of a prolonged bull run. Institutional adoption is accelerating, with JPMorgan Chase now permitting clients to purchase and display BTC on account statements—a notable shift given CEO Jamie Dimon’s historical skepticism.
The broader financial landscape is adapting, as major banks develop custody solutions and U.S. states draft Bitcoin reserve legislation. Analysts at 21Shares highlight this institutional momentum as a key driver for sustained upward price action, with traders increasingly viewing Bitcoin’s breakthrough as a harbinger of further gains.
Metaplanet’s Bitcoin Strategy Sparks Growth Speculation
Metaplanet, a Tokyo-listed firm drawing comparisons to MicroStrategy, is adopting an unconventional approach to Bitcoin accumulation. Unlike passive holders, the company leverages market sentiment to systematically increase its BTC reserves through a little-noticed mechanism.
Analyst Adam Livingston highlights the potential of this strategy, dubbed PFAR, to generate substantial Bitcoin gains without requiring additional capital inflows or corporate debt. The tactic represents a nuanced evolution in corporate Bitcoin adoption, moving beyond simple treasury allocation.
