Bitcoin Surges to New Highs, Reaches $116,000 USDT

Bitcoin surged past the $116,000 threshold on August 22nd, 2025, according to Binance Market Data. At press time, BTC is trading at approximately $116,010.02 USDT, representing a significant 2.59% increase in just 24 hours. Analysts attribute this bullish movement to factors including expanding decentralized finance (DeFi) applications and increasing institutional investment activity.