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"Bitcoin Price Hits $104,000 As Demand Increases"
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"The article reports on the recent surge in Bitcoin's price, reaching $104,000, driven by a combination of factors including institutional investors putting money into Bitcoin through ETFs, record-breaking ETF momentum, and growing corporate adoption. The article highlights the increasing popularity of Bitcoin as a treasury reserve asset, with predictions that the number of corporate Bitcoin holders will skyrocket to 700 by next year. Additionally, the article mentions the correlation between Bitcoin's price and the global M2 money supply, with a strong upward trend."
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"content": "nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgrjxj24tzky80sws3pf636u0rwueruy07ttwhd3jng95xdm03masuq2e9z6\nhttps://bitcoinmagazine.com/wp-content/uploads/2025/05/Why-Is-the-Price-of-._imresizer.jpg\nBitcoin Magazine Bitcoin Price Hits $104,000 As Demand Increases The price of Bitcoin has surged past $104,000 this morning, and it’s no accident. A mix of surging institutional inflows, record-breaking ETF momentum, and growing corporate adoption are fueling this rally. Here’s what’s helping contribute to the rising price of Bitcoin. Big institutions like banks, asset managers, and even some companies are putting money into […] This post Bitcoin Price Hits $104,000 As Demand Increases first appeared on Bitcoin Magazine and is written by Jenna Montgomery.\nhttps://bitcoinmagazine.com/news/bitcoin-price-hits-104000-as-demand-increases",
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