Bitcoin Shatters Records: $109,424 ATH Sparks Market Frenzy

Digital gold just got a whole lot shinier—Bitcoin rockets past six figures, leaving traditional finance scrambling to justify its lag.

Wall Street analysts now revising their ’bubble’ narratives with emergency Excel sheets.

Bitcoin Surges to New All-Time High Amid Historic Start to Q2

Although we are just a few months into 2025, it has already proven to be one of the biggest years in the history of the cryptocurrency market. It may have gotten off to a slow start, but things have turned around in a major way for Bitcoin as Q2 has propelled the crypto to an unprecedented moment.

After jumping more than 24% over the last 30 days, Bitcoin has officially reached a new all-time high at the $109,424 mark. Indeed, the asset has overtaken its previous high set in late 2024. Moreover, this may just be the beginning. Experts have high hopes for the asset’s fate throughout the remaining months of the year.

Bitcoin has also seen its market cap increase by more than 4% over the last 24 hours. Not sitting at $2.16 trillion, it has surpassed Amazon to become the 5th largest asset in the world by overall market value.

A major shift in its position in 2025 has been a transforming sentiment. Investment bank JPMorgan is among the traditional finance institutions that have changed their tune on the asset. Although CEO Jamie Dimon is still opposed to its position, they will now let clients buy Bitcoin.

That is a major shift from where the $4 trillion asset manager was just a year ago. Moreover, it is expected to be at the center of major regulatory developments. The US has already announced an imminent Bitcoin reserve. Moreover, states like Texas have legislation pending for similar plans. That will likely power the asset far above this new landmark position.