(Bitcoin) is trading at a historic high, currently hovering around $116,000, after breaking past its previous all-time high earlier this week. The surge is powered by strong institutional inflows, ETF momentum, and limited supply on exchanges, showing continued confidence in BTC as a digital store of value. Investors view Bitcoin as a hedge against inflation and economic uncertainty, especially amid global trade tensions and pro-crypto U.S. policy signals. While technical indicators suggest it may be overbought short term, long-term sentiment remains bullish. All eyes are now on whether $BTC can push toward the $120K mark next.