Bitcoin hits record high of $109K, becomes fifth most valuable asset globally

Bitcoin reached a new all-time high of $109,495 on May 21, surpassing its previous peak from January 2025. The cryptocurrency rose 4.4% in the past 24 hours and 25% over the past month. Binance, Bybit, and Bitget were the top platforms driving trading volume during the rally.

With this surge, bitcoin’s market capitalization now stands at approximately $2.145 trillion, making it the fifth most valuable asset worldwide, trailing only Apple, valued at $3.089 trillion. The latest milestone underscores continued investor interest in digital assets amid broader market momentum.