Bitcoin reaches $110,500 amid Japan’s debt concerns and an increase in gold prices
Bitcoin has recently reached a new high of $110,545 on Binance, surpassing its previous January peak of $109,588, and is on track to potentially hit $111,000. This surge in Bitcoin’s price is occurring alongside a rise in gold prices, which increased by 0.6% to $3,312 per ounce, reflecting growing concerns over global fiscal stability. The backdrop for this rally includes significant developments in Japan, where long-term bond yields have surged