<ul data-eligibleForWebStory="false"><li>Bitcoin (BTC) surged to a new all-time high of $112,040 on Bitstamp, with a market cap of $2.22 trillion.</li><li>Geopolitical uncertainty and Bitcoin's appeal as a macro hedge amid tariff announcements have contributed to the rally.</li><li>Bitcoin's decoupling from traditional assets like the S&P 500 has been noted during recent equity corrections.</li><li>A decrease in Bitcoin reserves on exchanges indicates a potential supply shock, while a reset in the derivatives market may fuel further gains.</li></ul>

Why is Crypto Going Up? BTC Briefly Touches New ATH of $112k

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