🔥 BREAKING: Bitcoin hits a new ATH at $112,000 !It is now the sixth-largest asset in the world, surpassing Google again. 🚀
The surge is fueled by:
• $1.2B ETF inflows ( BlackRock, Fidelity leading the charge)
• Total spot BTC ETF volume reached $4B today.
• Open interest in $BTC climbed to $78.69B, marking the highest level since May. 23, 2025.
• Elon Musk announced his "America Party" will support BTC.
• Treasury Secretary Scott Bessent confirmed tariffs will take effect August 1, easing market volatility concerns.
In the last 24 hours in cryptomarket:
🔹 $533M in liquidations
🔹 115K+ traders wrecked
🔹 HTX saw a single $51.56M wipeout
What’s Next Price Target? 👀
If it retests the past resistance at $112,000, it could reach $113,000 in the next 24 hours, supported by MACD as the MACD line is above the signal line with rising histogram bars, indicating upward strength.