Bitcoin Hits Record High at $109,400.68

Bitcoin has just shattered its all-time high, reaching a new record price of $109,400.68. This unprecedented surge comes on the heels of the recent May bull market rally. After rising 4.52% in the last 24 hours, Bitcoin broke through its 21 EMA resistance level, marking a significant milestone. This latest rally follows consistent higher highs and lower lows over the past month. Currently, $102,790 acts as strong support for the asset. 30-day gains show a remarkable rise of 24.10% since early May, while the one-year percentage gain stands at a substantial 55.73%.