Bitcoin hits new all time high, trades above $113k, Hyper, Pengu, Pi, Sui leads altcoins

Key Points

1. Bitcoin traded at $113,635, up 4% from the previous day, with a market cap of $2.25 trillion and trading volume surging 44% to $64.71 billion.

2. KULR Technology Group acquired 90 BTC for $10 million, achieving a year-to-date Bitcoin yield of 291%, and now holds 1,021 BTC.

3. K Wave Media Inc. announced a $1 billion financing package, acquiring 88 BTC and planning further allocations.

4. Hyperlane (Hyper) surged over 330% after an Upbit listing announcement, while Pudgy Penguins (PENGU) rose 32% following SEC ETF acknowledgment.

5. Pi token jumped 6% after the Pi Core Team introduced a no-code app development tool, Pi App Studio, which saw over 12,000 applications created in two weeks.

6. SUI gained over 10% as tBTC integration on the Sui blockchain introduced potential liquidity of over $500 million.