Bitcoin Now Surpasses $2.1 Trillion Market Cap
Bitcoin has achieved a significant milestone: Its market capitalisation has exceeded $2.1 trillion, and its price per coin exceeds $105,000. This development underscores the cryptocurrency’s growing prominence in the global financial landscape. $105,327.55 — Bitcoin (@Bitcoin) May 18, 2025 This surge is attributed to a combination of factors, including increased institutional adoption and favourable regulatory developments. Notably, the establishment of a U.S. Strategic Bitcoin Reserve, announced by President Donald Trump in March 2025, has bolstered investor confidence. The reserve, funded by the U.S. Treasury’s forfeited Bitcoin holdings, aims to maintain government-owned Bitcoin as a national reserve asset. This move aligns with the administration’s broader strategy to position the United States as a leader in digital asset innovation. Supply, Distribution, and Market Dynamics An Analysis by Santiment reveals that Bitcoin...