Bitcoin Surpasses January Inauguration Peak, Hits New Record of $109,400
Bitcoin (BTC) reached a new all-time high of $109,400, eclipsing the previous peak recorded just hours before President Donald Trump’s inauguration on January 20, 2017.
According to the CoinDesk Bitcoin Index, BTC touched $109,486 during early U.S. trading on Wednesday, marking a surge of over 46% from its April low. The April dip was triggered by growing concerns around the escalating global trade war and U.S. tariffs.
This record-breaking rally has been fueled in part by strong investor demand for spot bitcoin exchange-traded funds (ETFs), which have seen net inflows totaling $3.6 billion so far in May. Key players in the market, including Michael Saylor’s Strategy and the recently launched Twenty One Capital, have been active buyers, contributing significantly to the upward momentum.
Regulatory developments in the U.S. have also played a pivotal role in boosting market confidence. The U.S. Senate recently advanced legislation to regulate stablecoins, while several states and countries are progressing with laws aimed at establishing bitcoin reserves—adding legitimacy to digital assets as an investable asset class.
Market analysts suggest that this current bitcoin rally is more sustainable than past surges. Positive financial conditions, increased stablecoin liquidity, and an absence of the speculative frenzy seen in earlier peaks indicate a firmer foundation for continued growth.
