Bitcoin smashes a new all-time high above 109,000 dollars, reigniting investor enthusiasm. This unprecedented peak marks a triumph over geopolitical uncertainties, revealing the growing resilience and attractiveness of crypto in a rapidly changing financial world.
On May 12, the White House formalized a 90-day trade agreement with China , temporarily lowering tariffs to 10%. This measure eased concerns related to a trade conflict that could trigger a global recession. The impact on Bitcoin (BTC) was immediate, with a rise of more than 26% in one month, peaking at 109,400 dollars on May 21, 2025.
90-day agreement between the United States and China. This easing of tensions propelled BTC and restored risk appetite, both in traditional markets and the crypto universe. Previously, rising tensions had caused bitcoin to plunge to 74,434 dollars in early April, illustrating the asset’s strong sensitivity to macroeconomic shocks.
Bitcoin now exceeds its traditional role as a safe haven amid uncertainty. The improving geopolitical climate, notably with ceasefire negotiations between Russia and Ukraine, has transformed its place in investment portfolios.
Bitcoin is now seen as a clear risk asset with the following characteristics:
This evolution of BTC reflects the growing maturity of the crypto market.
Despite a slight pullback to 108,500 dollars currently, bitcoin is still well on track to surpass 110,000 dollars this week , given it is only Wednesday. This rise is supported by sustained demand and a favorable economic environment, strengthening investor confidence. Analysts remain optimistic, forecasting the bullish trend to continue with targets between 114,000 and 130,000 dollars by the end of 2025.
This anticipation notably relies on the correlation with global money supply growth (M2). Also on the growing interest in BTC, viewed as a shield against fiat currency depreciation.
Bitcoin thus explodes by surpassing a new all-time record at 109,000 dollars, confirming its meteoric rise. This peak symbolizes a powerful momentum that is redefining the financial landscape. Yet, this surge raises the question: does this new peak signal a sustainable future or a bubble about to burst? The critical week for BTC is far from over.