Bitcoin has officially shattered its previous records, soaring past the $112,000 mark and briefly hitting around $112,660 before pulling back slightly. Earlier today, BTC was trading between $111,988 and $112,021, and is now hovering near $111,000.
📈 Year-to-Date Surge
Since the start of 2025, Bitcoin has already gained 18–19%, fueled by rising demand for risk assets and increasing institutional involvement. In Q2 alone, public funds added ~159,107 BTC, pushing their total holdings to ~847,000 $BTC , now valued at nearly $91 billion.
🏦 Institutions Keep Buying
Major financial players and publicly traded companies continue to accumulate Bitcoin. Their buying pressure is contributing significantly to the bullish momentum.
🇺🇸 Political Tailwinds
Recent signals from the Trump administration are also adding fuel. From backing ETF filings to launching a strategic Bitcoin reserve, and through the Trump Media & Technology Group planning new $BTC and $ETH ETFs, sentiment in the U.S. remains pro-crypto.
🔍 Technical Outlook
BTC has broken out above the key $110K–$112K resistance zone, but some profit-taking is visible. Analysts suggest watching support levels at $107,000 and $100,000 for clues on whether the price will consolidate or continue its climb.
👉 This breakout confirms Bitcoin's strong bullish trend—but as always, smart risk management is key.
