Bitcoin briefly broke through $107,000 this morning, just 2.4% shy of its January all-time high of $109,588. MicroStrategy founder and long-time Bitcoin advocate Michael Saylor posted on X, urging action: “The digital gold rush will end on January 7, 2035. Secure your Bitcoin before it runs out!”

Bitcoin Transaction Fees Hit Yearly High

Since early May, Bitcoin’s 7-day moving average transaction fee has risen by about $1 to $2.40, marking the highest level in 2025 so far. Bitcoin’s market dominance has also rebounded after a pullback two weeks ago, suggesting that its relative value decline compared to the broader crypto market may be driven by liquidity rather than a significant shift toward an altcoin season.

However, the daily average transaction volume has decreased, dropping 35% from 507,000 on April 22 to 330,000. Meanwhile, Bitcoin’s illiquid supply recently hit an all-time high. Reduced supply could trigger a supply shock if demand rises, potentially driving prices higher.

Michael Saylor: Get Your BTC Before It’s Too Late

MicroStrategy founder and Bitcoin proponent Michael Saylor reiterated his call on X: “The digital gold rush ends ~January 7, 2035. Get your Bitcoin before there is no Bitcoin left for you.”

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