Bitcoin Reaches New Highs Above $110,000, Eyes a Potential Breakout to $120,000

Bitcoin has surged back above the $110,000 mark after experiencing significant volatility in recent days. Current data from CoinMarketCap indicates BTC trading near $110,822, with a 2.74% increase within the past 24 hours and daily trading volume jumping over 66% to nearly $60 billion. This rapid recovery comes alongside renewed optimism across broader risk assets and an influx of new investments into crypto exchanges.