Bitcoin Price Hits $111K, Ethereum Nears $2,650

Bitcoin ETFs saw strong inflows this month, with Abu Dhabi’s sovereign wealth fund expanding its exposure. Options markets have also turned active, with open interest surging on $110K, $120K, and even $300K call options on Deribit, all expiring on June 27. There is a notable shift in investor sentiment towards holding BTC for long-term. The shift is spurred by aggressive Bitcoin buying by . 

Mr. Pankaj Balani, Co-Founder & CEO, Delta Exchange explained, “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. 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.

Raj Karkara, COO, ZebPay noted how the today is beneficial for the whole crypto market. He commented, “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.

Bitcoin Pizza Day, celebrated today, marks a defining moment in crypto history. 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. In reaching this height, Bitcoin is not just elevating itself. It is lifting the entire ecosystem with it and paving the way for a more mature, inclusive, and decentralized financial future.”