$BTC
Stock market information for Bitcoin (BTC)
Bitcoin is a crypto in the CRYPTO market.
The price is 116669.0 USD currently with a change of 5650.00 USD (0.05%) from the previous close.
The intraday high is 116827.0 USD and the intraday low is 110761.0 USD.
Bitcoin is pumping hard today, smashing through previous records and reaching fresh all-time highs around $116,000–$117,000, marking a 4–6% intraday rally and 21–24% gains year‑to‑date (News.com.au). The surge is driven by:
Massive spot ETF inflows: Daily inflows have reached over $200–325 million, with U.S. ETFs recording six consecutive days of net positive flows, totaling around $727 million (Yahoo Finance, Gate.com).
Institutional demand & regulatory tailwinds: A crypto‑friendly U.S. policy environment, including Trump-era strategic Bitcoin reserve plans and expected Fed rate cuts, is fueling confidence (Wikipedia).
Short squeeze & whale support: Liquidation of leveraged shorts around $111,500 triggered a short squeeze, while whales continue accumulating and offsetting retail sell‑offs (ambcrypto.com).
Technical breakouts: BTC broke out from an ascending triangle, surging past $113K with strong volume, now eyeing upper resistance at $120K–$128K (cryptorank.io).
In summary: a perfect storm of ETF flows, institutional accumulation, technical strength, and macroeconomic optimism is driving today’s explosive pump.