Bitcoin (BTC) has reclaimed the $111,000 level, driven by the movement of over 270,000 dormant coins in 2025, marking a record-breaking year for such activity. This surge coincides with JPMorgan's decision to accept Bitcoin as collateral for loans, highlighting increased institutional confidence in the cryptocurrency.
Analysts have identified the $113,000 to $114,000 range as a critical resistance level, with market participants closely watching the upcoming Consumer Price Index (CPI) data release for further price direction. The developments underscore Bitcoin's growing integration into traditional financial systems.
270,000 Dormant Bitcoins Move as JPMorgan Accepts BTC as Loan Collateral
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