May 2025 Update: Bitcoin Breaks $111,000 Barrier
Despite dipping to $75,000** earlier in 2025, Bitcoin surged past **$111,000, setting another historic peak. While platforms like Clark Moody’s Dashboard track these highs, this page remains updated to provide unique insights into Bitcoin’s trajectory and the fiat financial system’s evolving landscape.
November 2024: The Trump Rally and Bull Flag Breakout
Bitcoin’s price consolidation phase—a "bull flag"—ended abruptly on November 5, 2024, following Donald Trump’s U.S. presidential election victory. The market responded with a sustained upward rally:
Kraken Prices (November 22, 2024):
- USD: $97,500
- EUR: €92,500
Key Observations:
- Psychological resistance at $100,000 looms.
- Scarcity-driven demand continues outpacing supply.
👉 Bitcoin’s Halving Impact Explained
February–March 2024: Multi-Currency All-Time Highs
March 2024 marked record highs in USD ($70,000) and EUR (€61,500), reflecting Bitcoin’s cyclical nature. For Eurozone investors, this was particularly significant—a reminder that currency-specific ATHs don’t always align with USD trends.
FAQ: Bitcoin Cycles
Q: How long do Bitcoin bull phases typically last?
A: Historically, 12–18 months post-halving, but macroeconomic factors (e.g., U.S. elections) can accelerate trends.
Q: Why do EUR and USD ATHs differ?
A: Exchange rate fluctuations and regional demand variations cause disparities.
November 2021: The $69K Benchmark
Bitcoin’s November 10, 2021 ATH:
- USD: $68,991
- EUR: €59,686.70
Context:
- Surpassed October 2021 peaks ($66,982.20).
- Highlighted crypto’s growing role in cross-border transactions, especially amid high traditional banking fees.
April 2021: Early Bull Run Signals
April 14, 2021, highs:
- USD: $64,900
- EUR: €54,180
Market Stability Note: Prices fluctuated between €44,000–€51,000 for weeks before breaking out.
👉 Bitcoin Scalability Solutions
The 2017 Peak: Lessons from History
- USD ATH: $20,089 (December 2017).
- EUR ATH: €21,799 (Bitbay, December 20, 2017).
Exchanges like Bittrex and Bitstamp recorded slightly lower values, underscoring the importance of data sources when tracking historic highs.
Key Takeaways
- Bitcoin’s scarcity (21M cap) fuels long-term appreciation.
- Political events (e.g., elections) can trigger volatility.
- Multi-currency ATHs require nuanced analysis.
Further Reading
Disclaimer: This content does not constitute financial advice. Past performance is not indicative of future results.