#BTCBreaksATH
🚀 Bitcoin Smashes $112K: New Highs, Big Moves, and Bigger Liquidations
Bitcoin just shattered expectations, hitting a new all-time high of $112,000, according to TradingView. The move came fast — blasting through the $110,000 resistance after hovering around $109,000 earlier in the day. At the time of writing, Bitcoin is holding strong near $111,200.
This breakout didn’t happen in isolation. It’s fueled by a wave of spot ETF inflows and positive signals from U.S. regulators, boosting investor confidence. Since the start of July alone, spot Bitcoin ETFs have attracted more than $1.2 billion in net inflows, showing growing demand from both retail and institutional players.
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Meanwhile, the rally ignited the broader crypto market. Ethereum jumped 6% to $2,800, marking its highest point in a month.
But with every major move comes volatility. In just one hour, over $286 million in crypto positions were liquidated — $193 million of that from Bitcoin trades alone. In the past 24 hours, total liquidations have crossed $480 million, with Bitcoin responsible for nearly half.
As momentum builds, traders should stay alert. The bulls are back, but the market moves fast — and it shows no signs of slowing down. #BinanceSquareTalks