Bitcoin Price Rises to $107,000

After falling to $102,000, Bitcoin began to recover at the start of the American trading session on May 19. By the morning of May 20, the price of the first cryptocurrency rose again to $107,000, which is less than 2% to the historical record.

The correction continued, and at the time of writing, BTC was trading around $105,000, showing the volatility that often accompanies the asset’s movement during major market events and election activity. Ethereum (ETH) moved similarly – falling along with BTC, then following the market’s rise, eliminating the correction, moving into a moderate bullish trend.

Over $200 million worth of contracts have been forced to close on crypto exchanges in the last 24 hours, with the majority of those being short positions in Bitcoin and leveraged bets on Ethereum, according to Coinglass. The liquidations signal that the market remains sensitive to speculative moves, especially amid the explosion of interest in political tokens and ETFs.

We previously reported that the HTX crypto exchange recorded a record net inflow of $472 million in April 2025, making it the leader among centralized platforms.