Bitcoin Surpasses $100,000 Amidst Market Volatility

Edited by: Yuliya Shumai

On June 18, 2025, the cryptocurrency market shows significant volatility. Bitcoin (BTC) is trading at $104,282, while Ethereum (ETH) is at $2,495.24, and XRP is at $2.15. This follows Bitcoin's recent surge past $100,000.

In December 2024, Bitcoin reached $102,900, driven by increased institutional investment and favorable regulatory developments. President Donald Trump signed an executive order in March 2025, establishing the Strategic Bitcoin Reserve. This positioned Bitcoin as a national reserve asset.

Technical analysis indicates resistance around $105,000, with support near $100,000. The market remains sensitive to regulatory announcements and macroeconomic factors. Investors should closely monitor market trends. (Source: Reuters, December 5, 2024 and May 8, 2025)

Sources

  • CoinDesk

  • Reuters

  • Wikipedia

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