Bitcoin Shatters $111K: Institutional Momentum Reshapes the Crypto Landscape

Bitcoin has officially broken through the $111,000 mark #BinanceHODLerHAEDAL , setting a new all-time high and signaling a renewed phase of market acceleration. This rally is being driven by;

Massive Institutional Inflows: Over $3.6 billion poured into U.S. spot Bitcoin #ETFs this May alone the strongest monthly inflow since January. BlackRock’s IBIT and Fidelity’s FBTC are among the top drivers of this demand.

Technical Bullishness: Analysts have pointed to a rare “Golden Cross” pattern forming on BTC’s daily chart historically a strong indicator of sustained upward momentum.

Post-Halving Supply Pressure: With the April halving slashing Bitcoin’s block rewards, the circulating supply is tightening just as institutional appetite peaks.

Policy Tailwinds: The U.S. is showing signs of regulatory thaw, with bills supporting digital asset clarity moving forward in Congress.

As a result, $BTC is currently trading near $110,896, with intraday highs of $111,547. Eyes are now on whether BTC can stretch toward the next psychological barrier of $120K.

Amidst Bitcoin’s breakout, BUILDon ($B) debuted via BingX official announcement, where traders and depositors can share from a 50k USDT. It’s a small window of opportunity for those seeking to diversify into early-phase projects.