Bitcoin Breaks $111,000 Barrier as Institutional Dominance Drives Record High

Bitcoin has shattered its previous record, soaring past $111,000. This latest milestone signifies a significant shift in the cryptocurrency market with institutional players driving the price surge. Public companies, asset managers, and ETFs have poured capital into Bitcoin, transforming it from a speculative asset to a macroeconomic hedge against volatility. The recent influx of capital has been attributed to several factors including expanding DeFi applications, increased interest from institutional investors, and the launch of regulated spot Bitcoin ETFs.