Bitcoin has officially completed 30 consecutive days trading above the $100,000 mark, marking a historic milestone in its 15-year journey. The cryptocurrency achieved its all-time high (ATH) of **$111,980 on May 22, nearly touching $112,000**.
Bitcoin’s Resilient Performance
In the last 30 days, Bitcoin experienced a 10% pullback after reaching its ATH, briefly dipping to $100,428**. However, it quickly recovered and is currently trading at **$109,511, signaling renewed bullish momentum.
Technical analyst Read Harvey of Wolfe Research commented:
"Anytime price punches through a major resistance level—psychological or historical—and holds, it’s a bullish sign. The ability to rebound after testing $100,000, aligning with the 50-day moving average, suggests a strong foundation for another push toward $112,000."
Growing Institutional and Government Adoption
Bitcoin’s surge has propelled it into the financial and political mainstream:
- U.S. States Lead the Charge: New Hampshire, Arizona, and Texas have passed laws recognizing Bitcoin as a strategic reserve asset, integrating it into long-term fiscal policies.
- Corporate Treasuries: Companies like GameStop, Know Labs, and Norway’s NBX have added Bitcoin to their balance sheets, treating it as a core financial asset rather than speculative holdings.
👉 How Bitcoin is reshaping corporate treasuries
Financial Institutions Embrace Bitcoin
Major players are expanding Bitcoin-related services:
- JP Morgan now offers loans collateralized by Bitcoin ETFs.
- BlackRock’s Bitcoin ETF has seen record-breaking trading volumes, attracting both retail and institutional investors.
Over 228 entities worldwide hold Bitcoin on their balance sheets, reflecting a shift toward long-term asset diversification.
Political Endorsement at Bitcoin 2025
U.S. Vice President JD Vance emphasized Bitcoin’s growing adoption during his keynote:
"Fifty million Americans own Bitcoin. I think it’s gonna be 100 million before too long."
FAQs
Why is Bitcoin holding above $100,000 significant?
Sustaining this level confirms strong demand and institutional confidence, reinforcing Bitcoin’s role as a store of value.
Which U.S. states recognize Bitcoin as a reserve asset?
New Hampshire, Arizona, and Texas have passed laws integrating Bitcoin into state-level fiscal strategies.
How are financial institutions leveraging Bitcoin?
Banks like JP Morgan now accept Bitcoin ETFs as loan collateral, while asset managers like BlackRock report unprecedented ETF growth.
👉 Explore Bitcoin’s latest institutional trends
What’s next for Bitcoin’s price?
Analysts suggest the $100,000 support level** could propel Bitcoin toward new highs, with **$112,000 as the next key resistance.