Bitcoin reached a new all-time high near $110,000 on May 21, driven by significant buying pressure, pushing its market capitalization over $2.1 trillion.
With this surge, Bitcoin now ranks fifth among global assets, surpassing major firms like Amazon and Google, trailing behind Apple, NVIDIA, Microsoft, and gold.
Experts suggest that Bitcoin has the potential to surpass gold in market capitalization, with predictions of another two to threefold increase in price in the upcoming years.
Analysts predict a potential surge for Bitcoin to reach $150,000, citing positive regulatory developments in the US and institutional momentum driving the cryptocurrency market forward.