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Bitcoin Erupts to All-Time High, $109K Mark Shattered on Wednesday

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On Wednesday, bitcoin decisively eclipsed its previous all-time peak set on Jan. 20, 2025. The cryptocurrency reached an unprecedented milestone on May 21, touching $109,495 per coin.

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Bitcoin Erupts to All-Time High, $109K Mark Shattered on Wednesday

Bitcoin notched a fresh all-time high of $109,495 on Wednesday, adding yet another milestone to its meteoric trajectory. The digital asset has climbed 4.4% against the U.S. dollar in the past 24 hours and is up 25% over the last 30 days. Binance, Bybit, and Bitget ranked as the most active trading venues during the day’s rally.

At prevailing prices, bitcoin’s market capitalization hovers at $2.145 trillion, placing it as the world’s fifth most valuable asset—just behind Apple, which holds a valuation of $3.089 trillion.

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WRITTEN BYBitcoin.com News DeskEditorial Desk Reporter

The Bitcoin.com News Desk publishes timely reporting on market developments, protocol updates, regulatory changes, and industry announcements across the cryptocurrency sector.