Bitcoin Rockets To Record Highs Amid Trump’s Commitment And Sweden’s Corporate Treasury Move
Posted On May 23, 2025
Bitcoin (CRYPTO: BTC) is trading at $110,998.17, lower than its intraday peak of $111,970, and higher than its low of $110,293. Over the last 24 hours, the token has seen a 0.43% gain, and a 7.2% surge over the past week. Record ETF inflows, Trump’s renewed crypto support, and fresh corporate adoption in Sweden are fueling BTC’s bullish momentum.
Bitcoin’s on-chain dynamics have shifted from the selling pressure seen earlier this year. From January and April, as prices fell from a peak of $109,000 to $75,000, most investors were scaling down their holdings.
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According to Glassnode’s Accumulation Trend Score, a noticeable shift is evident, with a surge to …
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