BTC Surges 2% to $110,949 as Corporate Buys, Geopolitical Shifts, and Mining Activity Drive Momentum

Bitcoin (BTC/USDT) has experienced a 2.00% increase over the past 24 hours, with the current price on Binance at $110,949.40, up from a 24-hour open of $108,773.41. The price movement is attributed to several key factors, including increased corporate adoption—highlighted by Metaplanet's acquisition of 1,234 BTC and other institutional purchases—as well as positive sentiment stemming from geopolitical developments such as US-Iran talks and a temporary ceasefire between Israel and Iran. Additionally, robust activity in the mining sector and regulatory discussions around crypto mortgages have contributed to market optimism. Bitcoin traded between a 24-hour high of $111,999.79 and a low of $108,323, with a trading volume of $57.54 billion and a market capitalization exceeding $2.2 trillion, reflecting continued strong interest and liquidity in the market.