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Bitcoin Soars to $109K Amid Strong Investor Interest

5/21/2025

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Story summary
  • Bitcoin surged to over $109,400, up from $75,000 last month, reflecting strong market momentum.
  • Softer U.S. inflation and eased U.S.-China trade tensions contributed to this rise.
  • The U.S. Senate's progress on stablecoin regulation positively impacted the crypto market.
  • Bitcoin ETFs saw cumulative inflows exceed $40 billion, showcasing robust investor interest.
  • President Trump is advocating for crypto regulation, targeting legislation by August.