Bitcoin once broke through 107K, Saylor: Quickly get your BTC

Bitcoin briefly surpassed 107K this morning, needing just a 2.4% increase to reach January’s historical high of 109,588. MicroStrategy founder and long-time Bitcoin believer Michael Saylor posted on X urging: The digital gold rush will end on January 7, 2035, so hurry and get your Bitcoin before it’s gone!

Bitcoin transaction fees rose to a new high for the year.

According to data from The Block, since the beginning of May, the 7-day moving average transaction fee for Bitcoin has increased by about $1, reaching $2.40, which is the highest record value so far in 2025.

The dominance of Bitcoin has also risen after a pullback two weeks ago, which may indicate that the decline in Bitcoin’s value relative to other parts of the cryptocurrency market was driven by liquidity rather than a significant shift towards “altcoin season.”

However, the average daily trading volume is decreasing, having reached 507,000 on 4/22, and has now dropped by 35% to 330,000.

The non-liquid supply of Bitcoin has recently reached an all-time high, and a decrease in supply means that an increase in demand could trigger supply shocks, further driving up prices.

Bitcoin short positions have been liquidated again.

According to Coinglass data, in the past 4 hours, positions worth $49.25 million in Bitcoin have been liquidated, while Ethereum saw $35.96 million, mostly from short positions.

Michael Saylor: Get your BTC quickly before Bitcoin runs out.

Michael Saylor, the founder of MicroStrategy and a long-term believer in Bitcoin, posted on X urging: the digital gold rush will end on January 7, 2035, so hurry and acquire your Bitcoin before it runs out!

The digital gold rush ends ~January 7, 2035. Get your Bitcoin before there is no Bitcoin left for you.

— Michael Saylor (@saylor) May 18, 2025

This article states that Bitcoin once broke through 107K, Saylor: Quickly acquire your BTC first appeared in Chain News ABMedia.