Bitcoin 🚀 hit a new all-time high, smashing $118,000 on Friday and boosting 2025 returns to 26%, matching gold’s shine 🥇. The surge kicked off Wednesday after breaking the previous $111,000 peak, attracting momentum traders riding the wave 🌊.
Thursday saw the second-largest inflows into Bitcoin ETFs with $1.18B pouring in 💰, pushing total 2025 ETF inflows to $51B. A massive short squeeze liquidated $1.01B of shorts in 24 hours, catching 237,000 traders off guard ⚡️🔥.
Trump’s 2024 win and crypto-friendly policies added fuel to the rally 🔥, while regulatory moves like the Genius Act gave confidence. Big players like BlackRock and Fidelity joined the Bitcoin ETF game 🏦, and corporates now hold 3.2% of all bitcoins, led by Michael Saylor’s massive stash 🏢💎.
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