Bitcoin Breaks $105,000 Barrier Amid Market Gains

Bitcoin surged past the $105,000 mark, reaching a new high of $105,366 on June 2, 2025. This follows a weekend dip to $103,200, marking a 1% gain. Experts attribute this rise to increased DeFi activity and growing institutional interest, according to Alankar Saxena, Co-founder of Mudrex. 1%, despite early volatility. While Bitcoin has stabilized above the $105,000 level, market analysts are watching for signs from macroeconomic events like Fed Chair Jerome Powell’s upcoming speech which could potentially impact price stability.