BTC Surges 2.8% to $109,173 on Binance as Bullish Momentum Builds Near All-Time High

Bitcoin (BTCUSDT) experienced a 2.80% price increase over the past 24 hours, rising from a 24h open of $106,200 to a current price of $109,173.44 on Binance. This upward movement is attributed to Bitcoin trading near its all-time high, strong bullish sentiment following a recent recovery from a 25% drawdown earlier in the year, and positive market outlooks, including analyst predictions of further gains if the all-time high is surpassed. High liquidity, robust trading volumes, and continued institutional and retail interest have supported efficient trade execution and price stability, with $12.94 million in liquidations reflecting active market participation. Overall, Bitcoin remains resilient and dominant, supported by optimistic forecasts and sustained investor engagement as it approaches new record levels.