$BTC

Bitcoin's 24-Hour Price Surge and Global News ImpactBitcoin (BTC) has surged to a new all-time high, reaching $112,035, with a 2.3% gain in the past 24 hours, driven by strong market momentum and global developments. The cryptocurrency’s market cap now exceeds $2.2 trillion, fueled by institutional buying and positive sentiment following the U.S. Federal Reserve’s June meeting minutes signaling potential interest rate cuts in 2025. This risk-on mood has propelled Bitcoin past $111,300, with analysts predicting a price discovery phase if momentum persists.

Recent global news has significantly influenced BTC’s trajectory. U.S. President Donald Trump’s push for a 300 basis point rate cut and the establishment of a Strategic Bitcoin Reserve have boosted investor confidence. Additionally, Bitcoin ETFs saw $215 million in net inflows, led by BlackRock’s IBIT, reinforcing institutional adoption. However, regulatory risks, like New Zealand’s crypto ATM ban, and geopolitical tensions, such as U.S. tariffs on Japan and South Korea, briefly caused volatility, with BTC dipping to $107,970.

Despite short-term fluctuations, Bitcoin’s bullish outlook remains strong, supported by rising global liquidity and endorsements from figures like Elon Musk. Analysts project BTC could hit $140,000–$150,000 by Q4 2025.