Bitcoin has been making waves, hitting an all-time high of $111,862.98 as investors seek alternatives to traditional assets. The surge comes amid growing institutional demand and optimism surrounding stablecoin regulation1.
The cryptocurrency market has seen strong inflows into Bitcoin ETFs, with $4.2 billion pouring in so far in May. Meanwhile, traders are eyeing Bitcoin options at $110,000, $120,000, and even $300,000, set to expire on June 27.
Ethereum has also joined the rally, climbing 7.3% at one point. Analysts predict Bitcoin could soon surge to $118,000 if momentum continues