Bitcoin’s upward momentum has returned, with the asset briefly crossing the $110,000 threshold before pulling back slightly. After hitting a 24-hour high of $110,117, Bitcoin now trades at $109,386, reflecting a 1.8% increase in the past day.
This recent push places the asset about $2,000 surge away from its all-time high of $111,814, recorded in May 2025, prompting renewed attention from traders and analysts. While price movements often attract headlines, on-chain data has started signaling deeper market activity.
Binance Sees 3,400 Bitcoin in Outflows as Spot Volume Surges
According to CryptoQuant analyst Amr Taha, a substantial volume of BTC has recently been moved off Binance, one of the world’s largest crypto exchanges. The
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