#BTC110KToday?
Yes, the price of **Bitcoin (BTC)** has reached **$109,300** at the moment, with a 3.4% increase from the previous close. This rise comes after the cryptocurrency recorded its all-time high of **$109,570** during the day, surpassing its previous peak in January 2025. ([CryptoSlate][1])
### 🚀 Will Bitcoin reach $110,000 soon?
Yes, there is a strong possibility that the price of Bitcoin will exceed the $110,000 mark in the coming days or weeks. Many analysts indicate that this level is the next target in the current market cycle.
### 📈 Factors supporting this expectation:
* **Legislative developments in the United States**: A bill called "GENIUS" has been introduced in Congress to regulate stablecoins, which boosts optimism in the market. Additionally, some states like Texas have established strategic reserves of Bitcoin, indicating increasing government support for digital currencies. ([Business Insider]
* **Increasing institutional demand**: The market has seen significant inflows of institutional investments, including Bitcoin exchange-traded funds, which increase buying pressure. According to Bitcoin Suisse, investment inflows into Bitcoin have exceeded $4.5 billion since the beginning of April 2025. ([Cointelegraph][
* **"Terminal Price" Index**: This index indicates that the minimum target price in the current cycle is $110,000, reinforcing the expectations.