Bitcoin Hits $113K as Traders Eye Potential ‘Gold Copycat’ Move

Bitcoin’s price surpassed the crucial level of $113,000 on Tuesday, driven by shifts in market sentiment and anticipation for a potential new gold-inspired trend. This jump comes amidst discussions about short squeezes and sustained bullish momentum. 📈 💰 🚨. Bitcoin (BTC) briefly touched $113,279 before Wall Street opened. Analysts attribute this surge to the expansion of decentralized finance (DeFi) applications and rising institutional interest.