May 23, 2025 – Global — Binance Research has released its latest Weekly Market Commentary, showing the important changes happening in the crypto and financial worlds this week. According to the report, a decrease in political uncertainty, the development of new laws and positive investor feedback all played a part in Bitcoin exceeding its highest recorded price.
Important Findings from the Report:
Bitcoin’s Value Hits a New Peak
This week, Bitcoin rose 6.3%, reaching a peak of US$110,797 and bringing its year-to-date gains to 17.8%. At the same time, Ethereum (ETH) did not drop further after its last week’s major 43% surge—the strongest such rally since late 2021.
At this point, investors are turning their attention from gold to things like digital assets.
ETPs tracking spot bitcoin are on track for their sixth week in a row of new investment inflows, now hitting over US$8 billion. Meanwhile, North American ETPs backed…
