Key takeaways: Bitcoin hit a new all-time high of $111,970 on May 22, but retraced to $110,700, with analysts noting mixed signals on market overheating. Funding rates and other metrics suggest a “healthy upward phase.” Bitcoin’s (BTC) price recorded a new all-time high of $111,970 on May 22. However, BTC price retraced shortly after to trade at $110,700 at the time of writing. Despite the correction, there are mixed signals about whether the price rally is overheated or whether this is a ...
Bitcoin's new all-time high has traders asking: Is BTC price overheating at $111K?
Coin Telegraph - 23 May 2025 13:31
Key takeaways: Bitcoin hit a new all-time high of $111,970 on May 22, but retraced to $110,700, with analysts noting mixed signals on market overheating. Funding rates and other metrics suggest a “healthy upward phase.” Bitcoin’s (BTC) price recorded a new all-time high of $111,970 on May 22. However, BTC price retraced shortly after to trade at $110,700 at the time of writing. Despite the correction, there are mixed signals about whether the price rally is overheated or whether this is a ...
Share this Article
Recommended