Bitcoin Hits New All-Time High Above $110,000 Amid Institutional Surge

Bitcoin has recently hovered near its all-time highs around $110,000, driven by strong institutional interest and positive macroeconomic factors. Major institutional players like Strategy and Trump Media & Technology Group have made significant Bitcoin acquisitions, underscoring growing corporate confidence, while the U.S. government's Strategic Bitcoin Reserve holding about 200,000 BTC adds regulatory legitimacy. Ethereum is also benefiting from renewed institutional activity, with a $425 million ETH-based treasury reserve plan unveiled by ConsenSys and SharpLink, signaling crypto's expanding role as a long-term reserve asset. Despite bullish momentum supported by rising trading volumes and favorable technical indicators, some analysts caution about potential short-term pullbacks if critical support levels near $106,000 fail to hold. Market optimism is reflected in strong ETF inflows, increased risk appetite following easing trade tensions, and expectations of favorable regulatory developments later this year. Upcoming economic data releases and high-profile crypto conferences may further influence market trends amid ongoing volatility.