🚀 $BTC Breaks Records, Surges Past $112,000!
Bitcoin has officially set a new all-time high, climbing above the $112K mark and reaching approximately $112,660. Earlier today, the price fluctuated between $111,989 and $112,021 before seeing a slight dip — now trading around the $111K range. Since the start of 2025, BTC is up a strong 18–19%.
📈 What’s Driving the Rally?
Investor appetite for risk-on assets is growing, and institutions are steadily increasing their exposure to BTC. In Q2 alone, public funds acquired roughly 159,107 BTC, raising their combined holdings to nearly 847,000 BTC — valued at close to $91 billion.
🇺🇸 Political Tailwinds in the U.S.
The Trump administration’s pro-crypto stance is also playing a role. Recent developments include backing for ETF filings and the creation of a strategic Bitcoin reserve. Trump Media & Technology Group has announced plans to roll out multiple crypto ETFs, covering both Bitcoin and Ethereum.
🔍 Technical Outlook
Bitcoin has clearly broken through the $110K–$112K resistance band. However, some profit-taking is happening, and analysts warn a short-term pullback could occur. Key support levels to watch are $107,000 and $100,000.
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