$BTC smashed through the $110,000 barrier this week, surging 3.1% to $109,219 before briefly touching $111,970 on growing ETF inflows and institutional demand. Trading volume on $BTC /USDT pair spiked 20% day-over-day to $1.8 billion on June 10, a clear sign that whales and retail alike are piling in blockchain.news.
Analysts argue this breakout isn’t a one-off. Glassnode reports a 30% jump in wallet addresses holding ≥1 $BTC over the first week of June, signaling sustained accumulation by “smart money”. Meanwhile, ARK’s Cathie Wood and Fundstrat’s Tom Lee project year-end targets of $150K and beyond, pushing FOMO into overdrive.
Warning: Past performance is not indicative of future results—trade at your own risk.