Bitcoin Surges Past $110K as it has officially crossed the $110,000 threshold, a milestone that confirms Bitcoin’s ability to surge past $110K and cement a major comeback in the cryptocurrency space. With daily charts showing a high of $110,500, Bitcoin has broken through the $105K resistance zone with conviction. This sharp move upward highlights how Bitcoin surges past $110K after weeks of consolidation and uncertainty, marking a turning point in what many are now calling a new bullish cycle. Over the past 24 hours alone, Bitcoin has increased by 3.7%. For the week, it’s gained 3.8%, with 5.4% growth in the past 30 days and 34% over the last 90 days. Year-to-date, it’s sitting at a healthy 16% increase. As Bitcoin surges past $110K, investors and analysts are keeping a close watch on how the cryptocurrency continues to evolve.
Historical Context: The Foundations of This Breakout
To understand the significance of this rally, one must consider the historical patterns Bitcoin has followed. In late 2017, Bitcoin reached its then all-time high of $20,000 before tumbling in early 2018. The 2021 cycle saw it explode past $60,000, spurred by institutional ETF involvement and mainstream financial integration through platforms like PayPal. However, macroeconomic tightening and inflationary pressures led to a price contraction in 2022 and 2023, dropping Bitcoin to ranges between $30K and $40K. The run-up to 2025 has been more structured. Following the April 2024 halving, Bitcoin slowly climbed back toward $109K in Q1, briefly derailed by market anxieties, including the February Bybit hack and rising geopolitical tensions.
This time, however, Bitcoin’s trajectory is not just driven by hype but by solid structural shifts, including significant institutional backing, on-chain strength, and macro tailwinds.
Bitcoin Surges Past $110 K as Market Trading Volume Spikes 50% Overnight
The Price & Volume Story: What Just Happened?
In a textbook example of market sentiment flipping from caution to optimism, Bitcoin surged from $105K to $110,500 in what analysts are calling a decisive breakout. Buying pressure accelerated near the $105K support zone, with algorithmic traders triggering further momentum as Bitcoin approached the psychological $110K mark. The most eye-catching statistic? A 50% increase in 24-hour trading volume, now sitting at an estimated $58.5 billion.
This isn’t just a retail-driven spike either. Volume spikes of this magnitude typically reflect increased institutional involvement, making this rally far more sustainable than previous cycles dominated by speculative buying.
On‑Chain & Exchange Supply Dynamics
Behind the scenes, on-chain data reveals even more bullish indicators. The amount of Bitcoin held on centralised exchanges has dipped below 2.5 million BTC—a level not seen since before the 2021 bull run. This drop signals a long-term trend: investors are pulling their coins off exchanges and into private wallets or cold storage, reducing the available liquidity for immediate sale.
This kind of exchange reserve decline has historically preceded price surges. Additionally, Glassnode reports that long-term holders have begun taking modest profits, but with the vast majority continuing to accumulate. The data strongly supports the view that Bitcoin is transitioning from distribution to a fresh phase of accumulation.
Bitcoin Surges Past $110 K
Institutional & Corporate Accumulation Trends For Bitcoin
The real force behind Bitcoin’s 2025 momentum lies in institutional demand. Spot Bitcoin ETFs from names like BlackRock and Fidelity have collectively drawn in over $11 billion in inflows. But the big players aren’t stopping there.
MicroStrategy remains a poster child for corporate adoption. In May, the firm added 7,390 BTC to its holdings at an average price of $103,500. This brings their total to a staggering 576,230 BTC, valued at approximately $63 billion. Meanwhile, Japanese investment firm MetaPlanet is raising $50 million through zero-interest bonds to increase its BTC exposure.
Even unexpected players like GameStop and several unnamed mid-tier firms are ramping up their exposure, all contributing to a supply-side crunch and a mounting wave of conviction-led investment.
Regulatory Tailwinds: Self‑Custody in Focus
In a major shift, US regulators are beginning to acknowledge the importance of self-custody. On 9 June 2025, SEC Chair Paul S. Atkins addressed the DeFi Task Force, stressing that digital asset ownership should align with “foundational American values.”
Atkins criticised outdated regulatory frameworks that slow innovation, instead advocating for clarity that empowers individuals and institutions alike. This emerging narrative around self-custody is creating a legal environment that encourages institutional adoption.
This sentiment isn’t limited to the U.S. either. The EU is implementing its MiCA regulatory framework, and the UAE continues to lead in Web3-friendly licensing through VARA and FSRA. Collectively, these developments are reducing regulatory uncertainty and encouraging long-term capital into the space.
Macroeconomic Backdrop & Bitcoin’s Hedge Role
Beyond crypto, macroeconomic shifts are working in Bitcoin’s favour. The April 2024 halving reduced the block reward to 3.125 BTC, inherently tightening supply. At the same time, the US Federal Reserve is hinting at possible interest rate cuts in response to declining bond yields and persistent inflation.
This macro backdrop increases Bitcoin’s appeal as a hedge asset. As traditional markets face turbulence, capital continues to rotate into Bitcoin as a form of digital gold, especially with its volatility-adjusted correlation to gold climbing over the past two months.
Technical & On‑Chain Metrics Deep Dive
The technicals are equally convincing. Bitcoin recently formed a bull-flag pattern, with a sharp rise from $90K to $105K, a brief consolidation, and then a breakout past the upper resistance line. This is further validated by a golden cross, where the 50-day moving average crossed above the 200-day average.
Momentum indicators like RSI (currently around 57) and MACD suggest there’s still room to run before BTC hits overbought conditions. Futures markets show growing open interest and positive funding rates, implying a bias toward long positions without being dangerously leveraged.
On-chain metrics round out the story. Active wallet addresses are up 8% week-on-week, and Bitcoin’s realised cap has crossed $900 billion, pointing to sustained network value. Whale wallets are steadily growing their balances, with stock-to-flow and NVT ratios supporting the bullish thesis.
Bitcoin Surges Past $110K
Regional Perspective: UAE & Middle East
The UAE is rapidly becoming a global crypto hub, and Bitcoin’s rise only amplifies this trend. VARA in Dubai and the FSRA in Abu Dhabi are already issuing licences to exchanges, custodians, and tokenisation firms. Local platforms like Rain, BitOasis, and Binance MENA offer easy access for both retail and institutional traders.
Family offices and HNWIs in the region are increasingly treating Bitcoin as a core part of their alternative asset portfolios. Some are even exploring Shariah-compliant BTC products or tokenised sukuk-like investment vehicles.
For What’s Hot in UAE, this shift presents huge storytelling opportunities. Think deep dives on UAE’s evolving regulatory environment, interviews with VARA officials, or investor education around cold storage and self-custody. This is the moment to build editorial authority in the region’s fast-moving crypto scene.
Bitcoin Surges Past $110 K as Market Trading Volume Spikes 50% Overnight
Forecasts: $150K by 2025—$250K on the Horizon?
Industry voices are becoming increasingly bullish. James Butterfill, Head of Research at CoinShares, forecasts Bitcoin could reach $150,000 before the end of 2025. Charles Edwards of Capriole Fund adds that Bitcoin’s volatility-to-gold ratio supports another leg upward, particularly if BTC holds above $110K on the daily close.
Standard Chartered also maintains its $150K prediction, while ARK Invest reiterates its long-term $1 million target by 2030. These projections are grounded in increased ETF inflows, strong institutional demand, and improving macro and regulatory conditions.
Here’s a breakdown of forecasted scenarios:
| Scenario | Price Range | Drivers |
|---|---|---|
| Base Case | $120K–$150K | ETF inflows, macro stability, self-custody clarity |
| Bull Case | $150K–$200K | Surge in ETF allocations, global liquidity expansion |
| Upside Case | $200K–$250K | Rapid adoption, central bank digital currency integration |
| Bear Case | $80K–$100K | Macro shocks, regulatory hurdles, profit-taking |
Risks to Watch
Even with this bullish momentum, caution remains prudent. With over 97% of the current BTC supply in profit, some level of profit-taking is expected. External risks like unexpected inflation spikes, central bank missteps, or regulatory crackdowns could also impact sentiment.
Additionally, derivatives markets remain a double-edged sword. Rising open interest increases the risk of liquidations, particularly if funding rates become skewed. And with fewer BTC held on exchanges, there’s also thinner liquidity at the top, meaning sharper swings, both up and down.
