#BTCPrediction
Trade now . โคโคโคโค๐ฏ๐ฏ๐๐๐๐๐๐๐๐คฉ๐คฉ
๐ฝ๐ง๐๐๐ ๐๐ฃ๐: ๐ฝ๐๐ฉ๐๐ค๐๐ฃ ๐๐ง๐๐๐ ๐๐๐ฉ๐จ ๐๐๐ฌ ๐ผ๐๐ ๐ผ๐ข๐๐ ๐๐ง๐ช๐ข๐ฅ ๐๐๐ง๐๐๐ ๐๐๐๐ง๐
Bitcoin price reached a new all-time high (ATH) of $112,152 on Wednesday after a 3.54% surge from the intra-day low. The BTC price surge follows a series of global events, including rising ETF inflows and announcements surrounding President Donald Trumpโs latest tariff measures.
With these factors combined, Bitcoin price surged, pushing its price beyond the $112,000 mark for the first time since May.
Bitcoinโs price rise to a new all-time high comes after it surpassed the $110,000 resistance level earlier this week. The BTC price increased by nearly 6% in just a few days, peaking at $112,152.
Spot Bitcoin exchange-traded funds (ETFs) saw over $1.2 billion in net inflows since the start of July, helping to fuel the rally. According to Farside Investors, these strong inflows have been a key driver of Bitcoinโs recent success.
The rising demand for risk assets in the global market also contributed to Bitcoinโs price increase. Investors appear to be turning to Bitcoin as an alternative investment amid growing economic instability. As global tensions rise due to President Trumpโs tariff announcements, Bitcoin has gained momentum, suggesting that investors view the cryptocurrency as a safe haven against uncertainty
Bitcoin price rise has been fueled in part by robust ETF inflows, as institutions and corporate treasury companies continue to adopt Bitcoin as a store of value.
Concurrently, according to Santiment, the Bitcoin price surge came despite many retail investors dropping out of the market due to feelings of boredom or disbelief. The platform pointed out that historical trends show such moments often signal a potential breakout, as crypto markets typically move in the opposite direction of retail sentiment.
