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Bitcoin surges to its highest-price ever, now worth over $2.2tr in market value
Gulf News
|May 23, 2025
Crypto investors cheer as new US rules promise clarity, boosting Bitcoin
If you've been sitting on the fence about crypto, or wondering if Bitcoin's best days are behind it, here's some news: Bitcoin just hit its highest price ever crossing $111,000 for the first time.
Bitcoin also achieved a new milestone, exceeding $2.2 trillion in market value. Bitcoin climbed as much as 3.3 per cent yesterday to hit a record of $111,878, according to data compiled by Bloomberg, with traders increasingly bullish on the prospects of the original cryptocurrency amid mounting institutional demand. But why now?
A clearer rulebook is coming - and that's big news
This story is from the May 23, 2025 edition of Gulf News.
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