Bitcoin Breaks Record High as NVT Indicator Shows Stable Market

Bitcoin has reached a new milestone, soaring to an all-time high of $110,886.98 on May 22, 2025. This significant price surge follows a wave of institutional developments, regulatory progress, and corporate investment strategies that have reshaped the digital asset landscape. 2 Despite this dramatic price appreciation, blockchain analytics reveal the market may not be experiencing unsustainable conditions typical of speculative bubbles. On-chain analysis suggests the rally maintains underlying stability.