BTC Price is Less Than 2% Away for ATH, Is a $110K Possible Today?

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Bitcoin‘s Wild Ride: Will It Hit $110K or Just Take a Nap?

Ah, the thrilling world of Bitcoin! On May 21, during a session that could only be described as a rollercoaster ride for the financially brave, BTC decided to flirt with a local top of $107,950 on Binance. Just a hair—1.86% to be precise—away from its all-time high (ATH) of $110,000. It’s like being on a diet and standing in front of a chocolate cake, isn’t it? 🍰

Live BTC Price Chart

Now, while Bitcoin is practically knocking on the door of its historic level, altcoins are starting to look a bit like that friend who shows up to the party but is already exhausted from the pre-game. Can this bullish momentum give Bitcoin the nudge it needs to set a new ATH at $110,000 today? Or will it just decide to take a leisurely stroll instead? 🤔

As of now, Bitcoin is up a modest 2% and trading at $104,600. This recent uptick has inflated Bitcoin’s market cap to a staggering $2.1 trillion, with a 24-hour trading volume that’s hovering around $36.8 billion. That’s a lot of zeros! 💰

But wait, there’s more! The BVIV, which is Volmex’s 30-day Implied Volatility (IV) for Bitcoin, is currently hanging out at around 49.23. This little gem measures what investors expect from BTC, based on options data. So, if you’re wondering what the future holds, just remember: it’s all in the numbers! 📈

So, can Bitcoin (BTC) hit that elusive $110,000 today? Well, if it does, I suggest we all celebrate with a nice slice of that chocolate cake! 🎉

For more thrilling updates, check out Coingape.com.

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2025-05-21 13:54