CoinEx Daily: Bitcoin Surges Beyond $110,000 to New ATH Amid Strong ETF Inflows

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Bitcoin recently surged past $110,000, reaching an all-time high. Meanwhile, the U.S. Treasury's recent $16 billion 20-year bond auction saw yields briefly rise above 5.1%. Despite rising U.S. Treasury yields putting pressure on traditional fixed income markets, Bitcoin's price rally has been primarily driven by inflows into Bitcoin ETFs. This trend suggests accelerating acceptance of Bitcoin within traditional financial sectors.