Bitcoin Approaches New Highs Near $112,000 Amid Potential Fed Rate Cuts and Strong ETF Demand
The post Bitcoin Approaches New Highs Near $112,000 Amid Potential Fed Rate Cuts and Strong ETF Demand appeared on BitcoinEthereumNews.com.
Bitcoin surged to a new all-time high of $112,000 on Binance, signaling robust bullish momentum and renewed investor confidence amid shifting macroeconomic conditions. The breakout above the May 2025 resistance level underscores a pivotal technical milestone, supported by strong ETF inflows and optimistic Federal Reserve policy signals. According to COINOTAG, market participants view this price action as a clear indicator of Bitcoin’s growing appeal as a hedge against inflation and monetary tightening. Bitcoin hits $112,000 on Binance, breaking May 2025 resistance amid Fed rate cut expectations and strong ETF inflows, reinforcing bullish crypto market sentiment. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Bitcoin’s New All-Time High Reflects Strong Market Demand and Technical Breakthrough Bitcoin’s recent surge to $112,000 on Binance marks a significant technical breakthrough, clearing a resistance level that had constrained price advances since May 2025. This new peak reflects heightened market demand and growing investor optimism, fueled by favorable macroeconomic signals. The price action was accompanied by a notable increase in trading volume, indicating robust participation from both retail and institutional investors. This momentum suggests that Bitcoin is entering a phase of price discovery, where traditional resistance levels become less relevant as the asset explores new valuation territory. Federal Reserve’s Monetary Policy Signals Bolster Bitcoin’s Appeal The Federal Reserve’s June FOMC minutes revealed a consensus among policymakers favoring at least one interest rate cut before the…
Filed under: News - @ July 10, 2025 11:26 am