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Javier Pastor
Senior WriterComputer scientist turned tech journalist. I've written about almost everything related to technology, but I specialize in hardware, operating systems and cryptocurrencies. I like writing about tech so much that I do it both for Xataka and Incognitosis, my personal blog.
Karen Alfaro
WriterCommunications professional with a decade of experience as a copywriter, proofreader, and editor. As a travel and science journalist, I've collaborated with several print and digital outlets around the world. I'm passionate about culture, music, food, history, and innovative technologies.
Bitcoin broke the $111,000 barrier Thursday, setting a new record. Unlike previous highs driven by external events, this growth stems mainly from institutional interest after years of rejection.
$111,400. According to CoinDesk, one bitcoin is currently worth about $111,400—a figure never seen before—confirming investors’ renewed optimism in the cryptocurrency.
A remarkable recovery. Presidente Donald Trump’s announced tariffs hit global stock markets and cryptocurrencies hard, including bitcoin. But since pauses and exemptions were announced, bitcoin has clearly gained ground. On April 9, its value stood at $76,000—a more than 45% increase since then.
Institutional love. Demand is now coming from crypto-asset-based funds, traditional exchanges, and companies and institutions that increasingly treat bitcoin as a store of value and investment vehicle.
Businesses are also getting involved. Several companies are investing heavily in bitcoin, with some making it a core focus. The most extreme example is Strategy (formerly MicroStrategy), which holds 576,230 bitcoins worth about $63.8 billion—more than 2.5% of all bitcoins in circulation. It has become an undisputed leader.
ETFs work. The approval of bitcoin-based ETFs has changed the investment landscape in the U.S. These tools opened the door for more investors to enter the segment, now viewed as more mainstream. Analysts such as Jeff Mei from the BTSE trading platform expect growth to continue, especially as more companies turn to public markets and ETFs.
JPMorgan will allow bitcoin purchases. Among the loudest crypto skeptics, JPMorgan CEO Jamie Dimon long dismissed bitcoin and other cryptocurrencies. But this week, he said the bank would allow clients to buy bitcoin—even as he maintained his personal doubts about the asset.
Another FOMO moment? Bitcoin’s rapid rise could spark renewed interest from investors afraid to miss out. The fear of missing out, or FOMO, remains a powerful market force, and analysts expect further gains as the trend continues.
The rest of the market is following. Bitcoin has surged in recent weeks, and other cryptocurrencies are also recovering. However, while bitcoin is setting new highs, others— including ETH, XRP, Solana, and Dogecoin—remain well below previous records. For example, ETH once reached $4,900 and now trades at $2,645.
Image | Erling Løken Andersen (Unsplash)
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