Bitcoin Surges to New All-Time High Above $109,400

According to data from Binance, the world’s leading crypto exchange, BTC gained 2.29% on the day, pushing the digital asset past its previous record.

The rally represents a continuation of the bullish momentum seen throughout the second quarter of 2025. Bitcoin has been steadily climbing from its March lows, overcoming several resistance levels with strong trading volumes and renewed investor confidence.

Key Highlights:

Daily high: $109,414.44 Daily low: $106,119.13 Volume: 350 BTC Price increase: +$2,448.76 (+2.29%)

This latest breakout follows weeks of upward consolidation, with the price action forming a clear uptrend since mid-April. Traders point to a combination of institutional interest, limited supply due to halving effects, and growing macroeconomic uncertainty as catalysts for the surge.

Market Sentiment

Technical analysts note that the bullish candlesticks and increasing volume signal strong momentum, potentially paving the way for further gains. “We’re in uncharted territory now,” said a senior analyst at Blockview Markets. “Breaking $109K opens the door for $115K and beyond, assuming this buying pressure continues.”

Looking Ahead

With investor sentiment riding high and demand showing no signs of slowing, many in the crypto community are optimistic about the future trajectory of Bitcoin. However, some analysts caution that volatility could increase as the asset tests psychological resistance levels.

As of publication, Bitcoin continues to trade near its new peak, solidifying its position as the leading digital store of value.

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