Bitcoin Hits $110,000, What Are the Key Factors Behind the Surge?

Updated
May 22, 2025

Jakarta, Pintu News – The price of Bitcoin (BTC) has officially broken through its highest level in history by touching the fantastic figure of Rp1.8 billion (equivalent to $110,788). This sharp increase occurred on May 22, 2025, when the price of BTC jumped 3% in the last 24 hours.

It also broke the previous record of IDR1.8 billion ($109,458) set just hours earlier. This is a historic moment for the cryptocurrency world, which has been waiting for a major breakout after the sharp correction last April.

Check out the full analysis behind today’s BTC price hike on May 22, 2025!

Price Spike Triggered by Global Market Uncertainty

Source: CMC

Bitcoin’s (BTC) latest rally came amid global financial market turmoil, triggered by the disappointing results of the United States’ 20-year bond auction. The sharp rise in Treasury yields triggered a sell-off in the stock market, with the S&P 500 index plummeting 80 points in just 30 minutes.

The Dow Jones and Nasdaq have also followed the downward trend, suggesting that investors are looking for safer alternative assets such as crypto.

Such macroeconomic factors have greatly contributed to the growing interest in cryptocurrencies, especially from institutional investors. They see Bitcoin as a hedge against the uncertainties of traditional markets.

This price increase is not due to speculation, but to a shift in long-term investment strategies from major players. BTC has gained around 17.5% since the beginning of the year and surged 47% since hitting a low of IDR1.23 billion ($75,000) on April 7.

Read also: Bitcoin Price Breaks Rp1.8 Billion Today (5/22/25): Jim Cramer Calls BTC a Refuge Asset!

New Forces Behind the Rally: Institutional Investors and Sophisticated Infrastructure

BTC Markets CEO Caroline Bowler emphasized that the current surge in Bitcoin shows a more mature global interest in digital assets.

According to him, the current crypto infrastructure is much more sophisticated than the previous bull run era. Now, many institutions have built special fund allocations for crypto assets, no longer relying on short-term speculation.

Clearer regulations and secure storage services have given big investors more confidence. Investment decisions made today are more structured and professional, different from the hype-filled crypto fever of the past.

This strengthens the argument that cryptocurrencies, particularly Bitcoin, have entered the institutional adoption phase. The current price spike is a reflection of a long-term trend, not just a momentary fluctuation.

Also read: BTC Strengthens, Bitcoin Price Forecasted to Reach $600,000 by October 2025

Market sentiment shows ‘Greed’, but searches for ‘Bitcoin’ are down?

Source: Google Search

Despite the sharp rise in price, search interest in the word “Bitcoin” on Google has shown a downward trend since last November. This indicates that retail investors have not been heavily involved in the rally. In contrast, the Crypto Fear & Greed Index showed a reading of 72 out of 100 on May 22, meaning the market is in a state of “greed”.

This indicator signals that the potential for a correction remains to be watched out for, even though the medium-term trend looks positive. However, the low retail engagement could be a sign that there is still a lot of room for price growth when the wave of retail FOMO does come. In this context, Bitcoin prices could be pushed even higher until the end of the year.

Conclusion

The current Bitcoin (BTC) price rally is proof that cryptocurrencies have now become an important part of the global financial landscape. The combination of macroeconomic factors, institutional adoption, and mature infrastructure makes this surge different from previous bull runs. However, with high volatility and leverage risk, investors should still be wise in their decision-making.

That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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