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Bitcoin hits $112K new ATH after breaking past key resistance

Bitcoin hits $112K new ATH after breaking past key resistance

Bitcoin hits a new all-time high above $112,000 as ETF inflows and $480 million in liquidations fuel its rally.

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Bitcoin just tore through its May peak to hit a fresh all-time high of $112 K, trading around $111.2 K after jumping more than 2 % past the $109 K mark. The whole crypto market rode the wave too—Ether popped 6 % to about $2,800—thanks to a surge in ETF inflows and a friendlier U.S. regulatory vibe.

Spot Bitcoin ETFs have seen north of $1.2 billion in net inflows since July 1, while treasury firms are piling in. That frenzy sent liquidations soaring past $480 million in 24 hours (with roughly $286 million wiped out in the last hour alone, including $193 million from BTC trades).

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