{"id":27923,"date":"2025-05-21T16:17:32","date_gmt":"2025-05-21T16:17:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=27923"},"modified":"2025-05-21T16:17:32","modified_gmt":"2025-05-21T16:17:32","slug":"bitcoin-hits-new-record-high-surging-to-109-4k","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=27923","title":{"rendered":"Bitcoin Hits New Record High, Surging to $109.4K"},"content":{"rendered":"<div>\n<p>Bitcoin BTC clinched a fresh record price of $109,400, surpassing the peak in January around Donald Trump&#8217;s inauguration.<\/p>\n<p>According to the <a href=\"https:\/\/indices.coindesk.com\/indices\/xbx\">CoinDesk Bitcoin Index<\/a>, the largest and oldest cryptocurrency hit $109,486 on Wednesday during the early U.S. session. BTC surged more than 46% from its April trough induced by mounting freas over global trade war and U.S. tariffs.<\/p>\n<p>The new all-time high came as spot bitcoin exchange traded funds (ETF) gobbled up $3.6 billion in net inflows in May, a sign of rejuvenated investor interest. A slew of bitcoin-focused treasury companies, including Michael Saylor&#8217;s Strategy and newly-launched firm Twenty One Capital added to the buying spree, helping lift BTC to a new record.<\/p>\n<p>Positive regulatory shifts in the U.S. have further supported the market, lending legitimacy of digital assets as an asset class for investors. The U.S. Senate this week advanced a bill to regulate stablecoins while several states and sovereign nations are moving forward with legislation to create bitcoin reserves.<\/p>\n<p>Analysts <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/05\/20\/sell-in-may-bitcoin-tops-107k-could-hit-record-highs-this-summer-say-analysts\">suggested<\/a> that the current rally is more sustainable than previous ones, citing favorable financial conditions, stablecoin flows and lack of speculative fervor observed in earlier peaks, showing signs of a stronger foundation.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/05\/21\/these-six-charts-explain-why-bitcoin-s-recent-move-to-over-usd100k-may-be-more-durable-than-january-s-run\">These Six Charts Explain Why Bitcoin&#8217;s Recent Move to Over $100K May Be More Durable Than January&#8217;s Run<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin BTC clinched a fresh record price of $109,400, surpassing the peak in January around Donald Trump&#8217;s inauguration. According to the CoinDesk Bitcoin Index, the largest and oldest cryptocurrency hit $109,486 on Wednesday during the early U.S. session. BTC surged more than 46% from its April trough induced by mounting freas over global trade war [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-27923","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27923"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27923\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}