MarketsCurrenciesCryptocurrenciesPrint articleBitcoin hits record $US111,000 amid ‘stupendous’ buyingAlex GluyasDeputy markets editorMay 22, 2025 – 1.44pmSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginIn early April, cryptocurrency traders were wondering just how far the price of bitcoin could fall after US President Donald Trump’s so-called “liberation day” tariffs injected mayhem into global financial markets.The exodus from risk assets such as equities and cryptocurrencies sent bitcoin tumbling to near $US74,000 – a 32 per cent slump from its record high of $US109,356 around the time of Trump’s inauguration on January 20.Loading...Alex Gluyas is deputy markets editor based in the Melbourne newsroom. Connect with Alex on Twitter. Email Alex at alex.gluyas@afr.comSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreCryptocurrenciesBitcoinGoldTrade warsTrump's AmericaLatest In CurrenciesFetching latest articlesMost Viewed In MarketsThe Australian Financial Review MagazineThe top whisky you can buy without going on a waiting listMax AllenThe luxury travel trend you probably haven’t consideredThe restaurant that’s turning back the clock (in the best way)BOSS Financial ReviewFrom stopping thieves in the GFC to running a $1b company, via The StarSimon EvansNew MP Mary Aldred urges business to help women into the LiberalsAI jobs plateau suggests we’re embracing skillsLife & LeisureMeet Australia’s hospitality power couplesMaxim BoonGet ready to geek out over the ‘coolest people-mover’ on the marketThis boxing attorney loves the rhythm of the fightRich ListAnnie Cannon-Brookes steps out on her ownYolanda RedrupLuxury home sales take off as Australians get richerPharmacy chain ‘underdog’ takes the fight to Chemist Warehouse
