Bitcoin punches new all-time high above $111,800 following brief shock from weak 20-year bond auction

Bitcoin (BTC) hit a new all-time high above $111,800 on Thursday, rebounding from a brief dip to $106,000. The surge followed weak demand in the US Treasury’s 20-year bond auction, which pushed yields above 5%, potentially shifting investor interest toward alternative assets like Bitcoin. source: https://www.fxstreet.com/cryptocurrencies/news/bitcoin-punches-new-all-time-high-above-111-800-following-brief-shock-from-weak-20-year-bond-auction-202505220442