#BTC Market Cap Hits ATH  Bitcoin has reached a new record high, exceeding $110,000.

Bitcoin broke above $110,000 for the first time in its history in the early hours of the day, recording an all-time high. The cryptocurrency's record rise was supported by intense buying by institutional investors and a series of positive macro developments. Bitcoin recorded a 5% increase in the last 24 hours, reaching a new high of $111,858.

The cryptocurrency, which has declined slightly in recent hours, continues to be priced above $110,000. Unlike previous bull periods, Bitcoin's rally is driven by institutional and long-term capital rather than speculation by individual investors.

New bull rally strengthened by institutional purchases

Analysts stated that the main reason for this increase in prices was that some companies were accumulating Bitcoin as a reserve asset. In particular, “Strategy”, which was formed by the rebranding of MicroStrategy, led institutional purchases in this process. It was reported that the company bought 7,390 more BTC with its latest move, increasing its total assets to 576,230 BTC.

In addition to institutional reserve strategies, heavy money inflows into ETFs, macroeconomic uncertainties and positive signals from regulatory authorities were among the main factors supporting the rise of Bitcoin.

Regulatory developments and new market conditions

Before Bitcoin rose above $110,000, it tested $109,500 during yesterday's trading. This rise gained momentum especially after a legislative bill targeting stablecoin regulation passed a critical voting hurdle in the US Senate. As of Wednesday evening, Bitcoin continued to trade at prices above $108,000.

Sean Farrell stated that in the investor trend, declines are now considered as “buying opportunities”, while increases were used as “sell signals” in previous months. Farrell also pointed out that the stable crypto bill in the Senate is a strong indicator of the overall regulation process and that if the bill passes, more comprehensive regulations for the creation of altcoins and Bitcoin reserves may be on the agenda.

Positive approach to Bitcoin from the US administration

The changing attitude of the US government has also been effective in the recent rise of Bitcoin. President Donald Trump's promise to create a more friendly framework for the sector after he came to the White House for the second time has created confidence in the market. As part of this strategy, crypto advocate Paul Atkins was appointed as the Chairman of the SEC. This appointment, which came after the departure of former Chairman Gary Gensler, increased expectations that the regulatory environment will approach the sector more constructively.

Mike Novogratz, one of the leading figures in the sector, stated that the crypto industry, which previously faced criminal sanctions, is now being embraced by regulatory institutions. It is thought that this change will pave the way for the sector to meet a wider investor base and gain clarity with regulations.

Increased institutional adoption and strengthening of crowd financing.

Bitcoin’s institutional adoption has reached remarkable levels. The total assets of more than 80 companies, which held approximately 270,000 BTC at the end of 2023, increased to approximately 720,000 BTC by 2025. This corresponds to 3.4% of the total supply. In his latest report, analyst Gautam Chhugani stated that this institutional adoption marks a significant turning point and that Bitcoin could reach $200,000 by the end of the year.

In addition, its inclusion in the S&P 500 index has come to the fore as a symbolic expression of institutional acceptance of the crypto sector. These developments show that the sector has gained an integrated structure with financial markets and will enter a more stable, regulated growth process in the long term.