Bitcoin Makes New All-Time High, Ethereum, XRP, Dogecoin Follow Higher

Author: Khyathi Dalal | May 21, 2025 02:59pm

Cryptocurrency markets are holding strong, with Bitcoin briefly hitting all-time highs amid strong institutional interest and robust ETF inflows.

Cryptocurrency	Price	Gains +/-
Bitcoin (CRYPTO: BTC)	$107,120.62	+1.4%
Ethereum (CRYPTO: ETH)	$2,489.28	+0.6%
Solana (CRYPTO: SOL)	$168.24	+1.2%
XRP (CRYPTO: XRP)	$2.36	+1.2%
Dogecoin (CRYPTO: DOGE)	$0.2272	+2.9%
Shiba Inu (CRYPTO: SHIB)	$0.00001454	+1.9%

Notable Statistics:

• IntoTheBlock data shows large transaction volume increasing by 10% and daily active addresses growing by 5.5%. Transactions greater than $100,000 are up from 11,221 to 11,939 in a single day. Exchanges netflows are down by 47.8%.
• Coinglass data reports 124,452 traders were liquidated in the past 24 hours for $426.39 million.

Notable Developments:

• Germany Sold 50,000 Bitcoin Below $60,000: Here’s How Much It Missed Out On
• Bitcoin Hits All-Time High Of $109,500: What’s Next?
• Panama Moves To Legalize Bitcoin Nationwide As Trump’s Pro-Crypto Policies Fuel Global Adoption
• XRP Up 2.5% As Ripple CEO Brad Garlinghouse Invites Pro-Bitcoin Senator Lummis To Public Discussion
• Robinhood Submits Proposal To SEC To Regulate Tokenized Assets As Brokerage Firm Seeks To Modernize Wall Street Rules

Top Gainers:

Cryptocurrency	Price	Gains +/-
Dogwifhat (CRYPTO: WIF)	$1.11	+15.2%
Pi (CRYPTO: PI)	$0.8193	+11.5%
Monero (CRYPTO: XMR)	$380	+9.8%

Trader Notes: More Crypto Online emphasized that Bitcoin must now hold $107,923 to sustain upward momentum.

$BTC: $107,923 should now hold to keep the upside momentum alive.#Bitcoin pic.twitter.com/dsuC3Bo0NN

— More Crypto Online (@Morecryptoonl) May 21, 2025

Trader Scient sees Bitcoin in the early stages of a broader move.

He argues that a consolidation between $102,000 and $110,000 would be the ideal backdrop for an altcoin rally.

Benjamin Cowen reflected on his 2023 experience when a golden cross preceded a surprise dip rather than a rally.

With another golden cross expected within the next 1–2 days, Cowen reminds investors that 10–15% pullbacks are historically common following this pattern.

I got my face ripped off thinking there would be a pullback after the golden cross in 2023.

But just know that throughout most of #BTC's history, there are pullbacks around golden crosses (golden cross is in 1-2 days).

Pullbacks are typically 10-15% pic.twitter.com/jQdlrnSA1K

— Benjamin Cowen (@intocryptoverse) May 21, 2025

Blockchainedbb identifies $98,000 to $100,000 for BTC and $2,000–$2,222 for ETH as important zones to watch.

She previously called a local top at $112,000 BTC and $2,777 ETH, but believes the final peak is still ahead—likely in 2025. For now, she recommends taking a few weeks off from active trading.

Read Next: 

• Bitcoin To Hit $600,000 By October? This Wild Scenario Could Make It Happen

Image: Shutterstock

Posted In: $BTC $DOGE $ETH $PI $SHIB $SOL $WIF $XMR $XRP