According to CoinDesk, Bitcoin (BTC) has demonstrated remarkable resilience, maintaining stability above the critical $100,000 mark despite geopolitical tensions between Iran and Israel. Jeff Anderson from STS Digital highlighted BTC's encouraging stability near $105,000 over the weekend, suggesting that big players may be going long as the market did not fall significantly on bad news (CoinDesk). Singapore-based QCP Capital noted that institutional adoption continues to underpin BTC’s price, with only a modest 3% pullback compared to an 8% drop during similar tensions last April (CoinDesk). Additionally, Volmex's 30-day implied volatility index for BTC dropped to 42.7%, indicating market composure (CoinDesk). For traders, this stability could signal a buying opportunity, especially as BTC evolves into a treasury asset. Meanwhile, Ether (ETH) options on Deribit are becoming costlier relative to Bitcoin, presenting a yield-generating opportunity for ETH holders through options writing (CoinDesk). With upcoming token unlocks and corporate adoption of altcoins like Solana (SOL), traders should monitor potential volatility in the broader crypto market.

According to glassnode, Bitcoin has surpassed its all-time high after 121 days, reaching a new peak price of $109,486, with its market capitalization soaring to $2.17 trillion and realized cap hitting $911.5 billion. These record-breaking levels, verified by on-chain analytics, signal strong institutional and retail demand, creating new momentum for crypto traders and increasing liquidity across spot and derivatives markets. The rapid growth in realized cap further highlights robust capital inflows, providing technical confirmation for bullish market sentiment and indicating potential for continued volatility and trading opportunities. (Source: glassnode, May 21, 2025)