The cryptocurrency market is experiencing extraordinary rally, with Bitcoin ATH first hitting $111,000 on May 22, 2025, the date of the 15th anniversary of Bitcoin Pizza Day. This milestone and growing institutional interest have inspired bullish sentiment in major cryptocurrencies including Ethereum, Solana and XRP.
Bitcoin surpasses Amazon to become the fifth-ranked global asset with market value
May 22, 2025, Bitcoin BTC A historic milestone reached, exceeding $111,000 to create a new all-time high. The surge coincides with Bitcoin Pizza Day, marking the first real-world bitcoin transaction in 2010, when 10,000 BTC exchanged for two pizza. Symbol dates have boosted market enthusiasm, with Bitcoin growing by 7.3% over the past 7 days.
Source: TradingView
Cryptocurrencies have a market capitalization of $3.6 trillion and Bitcoin’s dominance is 61.1%, highlighting its central role in driving market sentiment.
Ethereum eth Earnings were also released, trading at $2,600, up 40.7% over the past 14 days. Ethereum’s Defi ecosystem is thriving, and platforms such as UNISWAP and AAVE will increase activity due to lower gas fees, thereby increasing accessibility. This trend is intensifying renewed interest in decentralized applications of Ethereum, thereby enhancing its market resilience and growth potential.
Solana sol Driven by excitement around the upcoming second-generation seeker equipment, the device has secured a 16.5% increase in 14 days. $67.5 million booking. The Solana community is eagerly looking forward to it Alpenglow Proposala game-changing upgrade is expected to improve network performance and scalability, further boost investor confidence and maintain Solana’s strong market momentum.
XRP was the best performance, climbing 10.7% to $2.40 in the past 14 days. recent The launch of XRP futures Optimism about potential locations XRP ETFs can increase liquidity and attract institutional investors, further driving the upward trajectory of XRP.
learn more: Is XRP a good investment in 2025? A comprehensive guide for investors
Other major cryptocurrencies including BNB, Cardano and Dogecoin also recorded solid returns, reflecting wide market optimism.
Source: COIN360
Over $522 million worth of leveraged positions have been liquidated in the past 24 hours, with 63% of the leveraged positions in short. The largest single clearing order occurred on the Bybit of the BTCUSDT pair, and was worth $6.36 million.
Source: Xiaodian
Bitcoin’s historic ATH marks an important milestone as it surpasses Amazon and can become the fifth largest asset in the world through market capitalization. Bitcoin’s market capitalization is $2.17 trillion, surpassing Amazon’s $2.07 trillion valuation, cementing its position as a global financial powerhouse.
Source: Company MarketCap
Strong bets from institutions and whales push Bitcoin to all-time highs
The $111,000 for Bitcoin ATH appears to be driven by strategic migration of institutional investors and large crypto whales who seem to anticipate favorable market developments.
Live Bitcoin ETF sees record inflows Nearly $7 billion since April reflects strong institutional confidence in Bitcoin as a long-term store of value. The surge in ETF investment, especially through vehicles such as BlackRock’s Ishares Bitcoin Trust (IBIT), which manages over $56 billion in assets, underscores the growing legitimacy of Bitcoin among traditional financial companies.
also, JPMorgan Chase’s position changesa $1.7 billion investment in Bitcoin ETFs, marking a broader institutional embrace, further exacerbating bullish sentiment.
Meanwhile, the three super-liquid whales paid $1 billion in the 40x leverage position on Bitcoin, a bold bet that underscores their strong belief in the upcoming price breakthrough, which may be driven by internal knowledge or market trends.
In addition, another whale joined the betting club and entered a position of 900 BTC ($99.67 million) at $110,130.5, with an unrealized profit of about $1.3 million and a liquidation price of $95,959.
Source: Super Mobile
