$BTC Snapshot & Market Context

• Current price on Binance spot is about $110,985, recently hitting an intraday high near $111,748 and a low near $108,622

• Binance shows a new ATH above $112K (BTC/USDT), driven by short squeezes and institutional inflows

• Global sentiment remains strong amid macro support (Fed rate-cut hopes, weak USD), boosting BTC’s position as a safe-haven asset ().

🚀 Key Drivers Behind the Move

1. Near-record high (~$112K)

BTC reached record