🚨 Bitcoin $BTC Breaks Past $108K Amid Bullish Market Momentum

📍 Binance Square | BTC News

Bitcoin (BTC) $BTC has surged past the $108,000 mark, continuing its bullish trend in early June. After trading within a narrow range for most of last week, the market saw renewed buying interest, pushing BTC to $108,350 as of this morning.

📈 Key Highlights:

24H Price Increase: +1.89%

Market Cap: $2.13T

BTC Dominance: 47.5%

Analysts suggest that institutional accumulation and lower exchange reserves are contributing to the price momentum. Meanwhile, on-chain metrics indicate a rise in long-term holders, signaling confidence in the asset's future performance.

🔍 What's Next?

Traders are eyeing the $110K resistance, while others remain cautious due to expected macroeconomic data later this week. Volatility is likely to increase, making the coming days crucial for short-term direction.

Stay tuned for live updates on Binance Square.

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