Bitcoin has climbed above $105,000 on May 18, 2025, reaching new heights since January. Leading cryptocurrencies, including Ethereum and Dogecoin, also posted gains.

This surge signals renewed bullish sentiment in the cryptocurrency market, attracting investor attention and increasing institutional interest.

Institutional Demand Drives Bitcoin Past $105,000

Bitcoin has once again surpassed the $105,000 mark, a milestone not seen since January. This shift highlights a resurgence in market demand, driven by growing institutional investment and favorable geopolitical conditions.

Prominent figures from the crypto industry, including Paolo Ardoino and Scott Melker, have commented on Bitcoin’s momentum. “This breakout signals strong bullish momentum in the cryptocurrency market,” said Paolo Ardoino, CEO of Tether. The presence of institutional players and evolving market dynamics are reshaping the cryptocurrency landscape.

Bitcoin Tests New Highs Amid Speculation

Market analysts observe a modest price retracement after Bitcoin peaked at $105,380. Stakeholders are carefully assessing the potential for continued growth, watching for signs of sustained momentum.

Speculation of Bitcoin reaching $250,000 by 2025 mounts, backed by increasing institutional participation and reduced volatility. Data indicates potential for further bullish movement, particularly if institutional inflows and policy shifts continue to support growth.

Kanalcoin Experts Predict Strong Bitcoin Support

Current market activity draws comparisons with early 2025’s consolidation phases, hinting at potential new highs. Historical analysis suggests a pattern of growth following similar market conditions.

Kanalcoin experts predict strong support at $105,000, with potential breakouts. They emphasize the importance of sovereign adoption and expanding ETF markets as key drivers of Bitcoin’s future trajectory.

Disclaimer: This website provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy and are not liable for losses. Conduct your own research before investing.

The post Bitcoin Surges Past $105,000 Amid Crypto Rally appeared first on Kanalcoin.

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Filed under: News - @ May 18, 2025 4:22 pm