Bitcoin Price and Market Trends
Bitcoin is holding above $112K after rebounding from lows near $108,800, now trading at around $112,937.
Resistance is seen near $113.6K, with short-term holders possibly selling at breakeven, making further rallies challenging.
Institutional inflows, including ETF purchases and treasury moves by companies like Metaplanet (targeting 30K BTC by year-end), continue to boost optimism.
BlackRock has become the largest Bitcoin custodian, surpassing Coinbase and Binance in spot ETF holdings
Altcoins and Presale Buzz
Altcoins like Numeraire (NMR), Treehouse (TREE), and Crypto.com’s CRO are posting double-digit gains. NMR is up 43% in 24 hours after JPMorgan invested $500 million.
CRO surged 56% after Trump Media & Technology Group invested $105 million, signaling rising institutional interest beyond BTC.
Treehouse (TREE) token jumped 45% after a major listing announcement on Upbit.
The Altcoin Season Index sits at 59, indicating increased rotation from Bitcoin to altcoins
New and Trending Projects
Bitcoin Hyper ($HYPER), a Layer-2 scaling solution for Bitcoin, is gaining retail attention, enabling dApps and smart contracts on the Bitcoin network.
Meme-inspired presales like Maxi Doge ($MAXI), Wall Street Pepe ($WEPE), and Snorter Token ($SNORT) are attracting traders with promises of fast return and innovative features$BTC