BTC Hits New High Above $112,000 as Institutional Inflows and US Regulatory Gains Drive Surge

Bitcoin (BTCUSDT) is currently trading at 111,290.53 USDT on Binance, reflecting a 2.25% increase over the past 24 hours from a 24h open of 108,838.96. The recent price surge is primarily attributed to strong institutional inflows into Bitcoin ETFs, positive regulatory developments in the United States, and increased adoption by publicly listed companies, all contributing to reduced supply on exchanges and upward price pressure. Market activity remains robust, with a significant rise in trading volume and Bitcoin reaching a new all-time high above $112,000 in the last day before consolidating in the 108,198–109,500 range, indicating ongoing strong buying interest amid short-term consolidation.