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BTC Hits New ATH on Bitcoin Pizza Day

BTC Hits New ATH on Bitcoin Pizza Day

CoinspaidmediaCoinspaidmedia2025/05/22 15:00
By:Coinspaidmedia

The crypto community celebrates Bitcoin Pizza Day on May 22. Coincidentally, in 2025, BTC price set a new all-time high on this day, surpassing $111,500.

BTC Hits New ATH on Bitcoin Pizza Day image 0

BTC reached a new all-time high (ATH) at $111,544, according to CoinGecko. Analysts at Presto Research note that the new record was set amid increased interest in BTC from institutional investors. Other growth factors include positive developments in the U.S. regulatory environment.

The new ATH was established on a memorable date for the crypto community, May 22. On this day in 2010, Laszlo Hanyecz, a programmer from Florida, made the first real-world purchase using BTC, buying two pizzas for 10,000 BTC. Since then, May 22 has been celebrated annually as Bitcoin Pizza Day.

Amid the price surge, Bitcoin’s market cap exceeded $2.2 trillion, with the cryptocurrency’s dominance over other digital assets surpassing 63%, according to CoinMarketCap. Additionally, Bitcoin became one of the world’s largest assets by market cap, overtaking Amazon and ranking fifth overall.

Analysts at River believe the main beneficiary of Bitcoin’s growth could be the United States. Their arguments include:

  • U.S. venture capital investments account for about 70% of global funding for Bitcoin startups;
  • local investors control 79.2% of the total BTC held in spot Bitcoin ETFs;
  • American companies control more than 38% of the Bitcoin network’s hash rate;
  • 29% of small business owners show interest in BTC payments and use the asset for risk hedging.

Furthermore, River reports that over 40% of Americans under 40 have practical experience using Bitcoin. The creation of a strategic federal Bitcoin reserve, authorized by an executive order signed by Donald Trump in early April 2025, is another significant milestone.

The previous BTC ATH was reached in January 2025, just before Donald Trump’s official inauguration as U.S. president. At certain crypto exchanges, the asset traded above $109,000 at that time, though CoinGecko recorded a maximum of $108,786.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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