Bitcoin $BTC Soars to Record Highs Above $110,000

Bitcoin has surged past $110,000, hitting a new all-time high, driven by strong institutional demand, growing corporate adoption, and optimism around U.S. regulatory clarity under President Donald Trump’s administration. The cryptocurrency climbed as much as 3.4% to $111,980 before slightly pulling back. Bitcoin exchange-traded funds (ETFs) have seen cumulative inflows surpassing $40 billion, with only two days of outflows in May, according to SoSoValue. Additionally, public companies now hold $349 billion in Bitcoin, representing 15% of the total supply, fueling the rally. Analysts predict Bitcoin could reach $150,000 by the end of 2025, supported by positive market sentiment and regulatory tailwinds.

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