Bitcoin Hovers Over New Peaks

Mumbai: Bitcoin posted a new all-time high of $110,981, marking a strong bullish resurgence after months of consolidation. The breakout above the key resistance levels of $104,000 and $108,000 now establishes them as solid support zones.

Talking to Bizz Buzz, Raj Karkara, COO, ZebPay says: “Bitcoin’s new all-time high crossing $111,000 is more than a headline. It is a catalyst for the entire digital asset economy. This milestone is a sign that crypto is maturing and shaping a strong foundation for the long-term.”

As Bitcoin rises, it brings renewed credibility and capital into the space, creating a ripple effect that benefits altcoins, blockchain innovations, and Web3 development. It unlocks confidence, attracts more infrastructure investment, and encourages regulatory stability.

What began in 2010 as a quirky exchange of 10,000 BTC for two pizzas has become a powerful symbol of how far Bitcoin has come. Pankaj Balani, CEO and Co-founder of Delta Exchange, says: “The push beyond the ATH was strong and with good volume activity. As the momentum continues, we can see the BTC price move through the key resistance zone between $112,000 and $115,000. Traders are going to be monitoring consolidation and support retests to assess the strength of the upward move here.”

On the fundamental side, BTC ETF inflows remain strong and institutional demand continues to rise in expectation of a favorable regulation later this year.

Kushal Manupati, Regional Growth & Ops Lead of South Asia at Binance, says: “Bitcoin has surged past the $111,000 mark, setting a new all-time high and reinforcing its position as the bellwether of the virtual digital assets revolution.”

This exponential rally is the result of increasing institutional participation, maturing global regulations, and growing mainstream recognition of Bitcoin as a legitimate store of value. From a technological curiosity to a globally held asset, Bitcoin’s rise has been powered by transparency, he said.