#BTCBreaksATH 📈 Current Price and Recent Movements $BTC $ETH $BNB
Current Price: Approximately $111,018, with a slight increase of ~ $1,397 from the previous close.
Today's Range: Between ~ $108,622 and $111,748.
The market experienced significant volatility during the day, facing resistance levels near $112,000, but the price maintained stability above $110,000.
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🔔 Key News and Drivers
1. New Historical Price Near $112,000
Bitcoin reached its all-time high yesterday, surpassing $111,988.90 before retreating to around $111,200.
2. Strong Technical Reversals and Monetary Support
CoinDesk published a report indicating that the technical pattern suggests the potential for a new rise up to ~ $134,000, should the arithmetic growth continue. Economies.com emphasized that Bitcoin maintains psychological support at $110,000 and the EMA50 indicator is positive.
3. Widespread Institutional Participation
Bitcoin benefited from a short squeeze model worth ~ $200 million, along with a sharp increase in institutional demand for a safe asset "anti-dollar." In the second quarter of 2025, institutions injected approximately 159,107 Bitcoins, bringing corporate holdings to over 847,000 coins (equivalent to 4% of the total supply).
4. Political and Macroeconomic Support
Trump's statements regarding interest rate cuts may encourage capital flows into high-risk assets like Bitcoin.
