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Short-term momentum may have cooled, but long-term sentiment remains bullish for Bitcoin. Currently consolidating at US$105k after dropping from its all-time high price of US$111,980.
As Bitcoin hovers around US$105K, the market is weighing short-term uncertainty against a potentially bullish longer-term shift.
Institutional investment and favourable regulatory signals from both the US and UK helped Bitcoin stay steady above US$107k. This reinforces the path forward for mainstream adoption of crypto and digital assets.
Bitcoin remains above US$109,000 after pulling back from a new all-time high, with the rebound attributed to tariff-related market activity. At the same time, major US banks are collaborating on a new stablecoin initiative as XRP adoption increases in Singapore.
Bitcoin officially reached a new all-time high price of US$111,880, fuelled by surging ETF inflows, strong institutional demand, and improved regulatory clarity.
Bitcoin holds firm after breaking US$107K as spot demand and institutional interest grow. In this week’s wrap: fresh forecasts from JPMorgan, Ripple’s real-world XRP pilot, and what the latest dominance data says about altcoins.
BTC Markets Pty Ltd ACN 164 093 887 is an authorised representative (AR No. 1297122) of BTCM Payments Limited ACN 643 241 829 (AFSL No. 525840)
©2026 BTC Markets Pty Ltd. All rights reserved.