$BTC Bitcoin recently hit a new all-time high above \$111,000, reinforcing the crypto bull market revival. Despite a minor dip from US tariff news, investor sentiment remains strong as reclaiming ATH signals a solid uptrend. Analyst Bilal Huseynov highlighted that the MVRV ratio peaked at just 2.4 this cycle—lower than previous cycles (3.5–4.0)—due to a stronger Realized Cap, suggesting less hype and more stability. The growing presence of long-term and institutional holders adds to market confidence. Currently, Bitcoin trades at \$108,397, down 2.5% today but up 17.65% over the month.