BTC only exploded over $ 111K, here’s what drives it now


BTC previously $ 111,000 has become a reality, and at the time of writing Cryptocurrency is at $ 111 251 with a fairly solid 3.9% profit. This Bitcoin price surveillance comes when the Stablecoin bill goes on through Congress, which reduces the Krypto market volatility problems and the Bitcoin investment risks that previously held institutional actors on the page.

BTC earlier $ 111,000 has become a reality right nowBTC earlier $ 111,000 has become a reality right now
Source: Coytecko

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Tracking Bitcoin -Price over voltage Mitt i Stablecoin count and market risks

Bitcoin moonBitcoin moon
Source: Watcher Guru

Stablecoin Bill is running BTC past $ 111K right now

The crypto-industry-supported bill in the Senate is set for debate and can pass as soon as this week, according to reports.

The Senate Bank Committee Chairman Sen. Tim ScottRs.C., said in a press release:

“Tonight’s Vote is a Welcome and Long-Overdue Step Toward Asserting US Leadership in Digital Assets. After Playing Politics, I’m happy many Democratic Colleagues have returned to the table and are supporting a bipartisan product. One Step Closer to Delive A Regulatory Framework That Keeps Innovation in America, Protects Consumers, and Safeguards Our National Security. “

Trump Administration Fuels BTC past $ 111K Move

Cryptocurrency reached its previous record high around January 20 The inauguration of President Donald Trump, who increased the market’s hope for regulatory clarity on crypto.

Michael NovogratzFounder and CEO of Galaxy Digital was clear about the fact that:

“It is the change in approach from (former securities and exchange commission chairman Gary Gensler and Sec) to this Trump administration, which has embraced our industry. It released the spirits of the animals both here and abroad.”

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Market resignation shows BTC earlier $ 111,000

After a decline of 30% from the customs problems, Bitcoin’s recovery shows how BTC over $ 111,000 represents genuine Bitcoin price -border momentum. Stablecoin Bill progress has helped stabilize crypto market vollatility while decreasing bitcoin investment risks for institutions.

After meeting his former record high in January at Trump’s inauguration, the price of Bitcoin fell by as much as 30% when new customs led to a decline in the market. However, it rose back over $ 100,000 brand for the first time in three months on May 8 in the middle of expectation of a relaxation of global customs-related voltages after a new trade agreement.

Kosmo Jiang by Pantera Capital said at that time:

“It only speaks to the great demand for digital assets in the industry and especially bitcoin.”

Expert forecasts support BTC past $ 111K course

Industry leaders sees the current BTC over $ 111K level as just the beginning of this Bitcoin price -breaking cycle. When StableCoin counting reduces the uncertainty in legislation, crypto -market voltility problems reduce together with traditional Bitcoin investment risks.

Adam back Of the block stream, Bitcoin has projected between $ 500,000 and $ 1 million, indicating a significant institutional interest in Cryptocurrency. Standard Charter’s research team for digital assets expects a price increase to $ 200,000 by the end of 2025, driven by a varied investor landscape. These ambitious goals reflect growing institutional confidence when regulations solidify and create more stability in the market.

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