Bitcoin Surges Past $110K Amid Institutional Buying Frenzy

Bitcoin has once again crossed the $110,000 mark, propelled by substantial institutional investment. This surge in price comes amidst a divergence in sentiment between investors and retail traders. Recent geopolitical tensions, including former President Donald Trump’s tariff proposals on EU imports, have created temporary volatility, impacting Bitcoin’s momentum. However, significant spot ETF purchases have fueled the price rally.