Bitcoin Breaks $116,000 Barrier: Institutional Interest Drives Surge

Bitcoin hit a new all-time high, surpassing the $116,000 mark on October 28, 2025, according to Binance and KuCoin. This surge is fueled by both increased institutional investment and favorable macroeconomic factors impacting global crypto exchanges. The rise underscores growing investor confidence in Bitcoin, potentially influenced by recent actions from Trump’s Crypto Advisory Board and anticipation of Federal Reserve monetary policy shifts.