$BTC $Bitcoin (BTC) is currently trading around $107,632, dipping slightly (~1.7%) today after reaching an intraday high near $110,277. The recent rally, fueled by improving U.S.–China trade sentiment, brought BTC close to its all-time high of ~$112K set in May . This surge is supported by optimistic inflation data and hopes of Federal Reserve rate cuts, along with strong institutional demand—ETF holdings have swelled to approximately $132 billion . Technical indicators are bullish, with a golden cross and breakout from a flag pattern pointing to potential further gains toward $112K–$137K .