$BTC hits $112K — What’s fueling the rally?
As Bitcoin celebrates the 15th anniversary of Pizza Day, it's also breaking new ground. From 10,000 BTC buying two pizzas to a single coin now trading over $112K, this milestone isn’t just symbolic — it’s a reflection of where crypto stands today.
Several key factors are driving this surge:
ETF momentum: Institutional inflows into BTC spot ETFs have continued, boosting demand and credibility.
Post-halving supply shock: The recent halving cut miner rewards, tightening available supply.
Global interest: Countries like Argentina and Turkey are seeing a spike in BTC adoption due to currency instability.
With strong fundamentals and renewed market confidence, Bitcoin’s current price movement feels more like a new chapter than just another spike.
What’s your BTC outlook heading into Q3?