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Bitcoin's new all-time high has traders asking: Is BTC price overheating at $111K?

Cointelegraph.com NewsKey takeaways:Bitcoin hit a new all-time high of $111,970 on May 22, but retraced to $110,700, with analysts noting mixed signals on market overheating.Funding rates and other metrics suggest a “healthy upward phase.”Bitcoin’s (BTC) price recorded a new all-time high of $111,970  on May 22. However, BTC price retraced shortly after to trade at $110,700 at the time of writing.… 

​Key takeaways:Bitcoin hit a new all-time high of $111,970 on May 22, but retraced to $110,700, with analysts noting mixed signals on market overheating.Funding rates and other metrics suggest a “healthy upward phase.”Bitcoin’s (BTC) price recorded a new all-time high of $111,970  on May 22. However, BTC price retraced shortly after to trade at $110,700 at the time of writing.… 

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