BTC Hits New All-Time High Above $111,000 Before 2.69% Pullback Amid Volatility Surge

Bitcoin is currently trading at $108,232.41, reflecting a 2.69% decline over the past 24 hours from a 24h open of $111,227.29, with a circulating supply of approximately 19.87 million BTC and a 24-hour trading volume ranging between $28.21 billion and $62.11 billion. The recent price correction follows a surge to a new all-time high above $111,000, driven by strong institutional inflows into Bitcoin ETFs, improved U.S. regulatory clarity, and increased adoption by major financial institutions; however, the pullback is attributed to renewed global macroeconomic concerns, including new U.S. tariffs on European imports, profit-taking by short-term investors, and signs of market overheating, leading to increased volatility and cautious sentiment in the short term.