Bitcoin has set a new all-time high, exceeding the $109,400 mark. As of 18:54 Moscow time, its price is trading around $109,100.
One of the key factors driving Bitcoin’s price increase is the “de-escalation” of the trade conflict between the United States and China. Additionally, the international credit rating agency Moody’s downgraded the U.S. credit rating due to concerns over the rising national debt.
Moreover, on May 19, 2025, the U.S. Senate passed the Genius Act by a majority vote. This legislation regulates the issuance of dollar-backed stablecoins, increasing legal transparency in the cryptocurrency market. At the same time, the well-known crypto exchange Coinbase became the first crypto business to be included in the S&P 500 index, signaling growing investor confidence in the market.
The “fear and greed index,” which reflects investor sentiment in the crypto market, currently stands at 69, indicating a “greed” zone. This suggests that market participants are increasingly buying assets with the expectation of further price growth.
Overall, these factors have played a significant role in Bitcoin’s price surge and indicate growing interest and optimism in the market.
