Bitcoin reached a new record high this week, closing at $107,000 on May 19, 2025. This historic milestone underscores the cryptocurrency’s strong market demand driven by institutional investors. The surge follows weeks of steady price increases, echoing past bull runs and reminiscent of November 2021. Metaplanet, a prominent investor, contributed significantly to this rise with their purchase of 1,004 Bitcoin. Institutional interest, such as that from GD Culture Group, totaling $300 million, is further fueling the market’s momentum and signifying broader crypto adoption. However, experts caution that continued price growth may be vulnerable to a potential ‘bull trap,’ warning against short-term speculation.