- Bitcoin hit a new all-time high above$109,000 on May 21, 2025.
- The milestone saw 100% of BTC holders fall into profit.
- Bitcoin also surpassed Amazon in terms of market cap
Bitcoin price has just surged to a new all-time high above $109k.
On May 21, 2025, the price of Bitcoin spiked more than 4%, storming past its previous ATH as optimism swept bears aside.
Over $50 million worth of BTC shorts were liquidated in just an hour.
100% of Bitcoin holders are in profit
This latest Bitcoin price surge sent every other holder of the coin into a profitable position.
According to data from Sentora, formerly IntoTheBlock, 100% of Bitcoin addresses were in the money amid the massive milestone.
With Bitcoin (BTC) price retesting the $109k level, holders underwater declined to zero. Also at 0% were addresses with the money, meaning wallets whose average buy price was at or near the previous ATH.
Sentora had earlier shared via X on May 21, 2025, that BTC holders were 99% in profit as the price crossed the $107k level.
A lot of those celebrating the new ATH are hodlers who have held BTC for more than a year. The percentage count according to Sentora data is 75%. More than 21% have held Bitcoin for 1-12 months.
Notably, when Bitcoin price fell to under $80k in April, new holder wallets were among those to aggressively offload.
Analyst says BTC could hit $600k in 2025
On May 21, as Bitcoin price surged towards its all-time high above $109k, Fred Krueger shared his staggering Bitcoin price prediction for 2025.
According to the BTC bull, the top crypto could see its price hit $600k by October 2025. While this may be an overly bullish take, his forecast is that a run to $150k by the summer will provide the impetus for a new parabolic leg up.
Once we escape past 110K, there is no more friction.
Its a smooth ride to 150k.“Ground Control to Major Tom”
— Fred Krueger (@dotkrueger) May 21, 2025
Bitcoin surpasses Amazon by market cap
In the past 24 hours, the benchmark crypto has also notched another milestone – its market cap has surpassed that of Amazon.
JUST IN: Bitcoin overtakes Amazon and Google to become the 5th biggest asset in the world. pic.twitter.com/dYqKvTTAEK
— Bitcoin Archive (@BTC_Archive) May 21, 2025
According to details on CompaniesMarketCap, Bitcoin’s spike above $109k sees it overtake Amazon, the leading e-commerce company listed in the U.S.
While Amazon currently sits at a $2.157 trillion market cap, Bitcoin has increased to over 2.166 trillion.