Bitcoin surged to a new all-time high of $112,000 amid ongoing market volatility and investor interest. After reaching $111,980, the cryptocurrency experienced a brief correction to around $107,000, but capital inflows into Bitcoin continued robustly. Canadian businessman and billionaire investor Kevin O’Leary attributed Bitcoin’s rally to regulatory developments in the United States, particularly the progress of the Stablecoin Act, which has cleared the way for increased institutional crypto investment. O’Leary predicted that trillions of dollars in institutional capital are poised to enter the Bitcoin market, emphasizing its appeal as a scarce asset and a hedge against inflation amid global economic uncertainty and US monetary policy. He further stated that Bitcoin is the only cryptocurrency that billions of people will adopt, citing its regulatory clarity, institutional support, and global recognition. These factors have contributed to Bitcoin being viewed increasingly as a safe haven asset as stocks show signs of instability.