• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin Achieves Historic High of $112K Due to Trump Tariffs

user avatar

by Giorgi Kostiuk

11 hours ago


On July 10, 2025, Bitcoin reached an all-time high of $112,000, driven by international economic events and new tariffs announced by President Trump.

Record Bitcoin Surge

Reaching a new high, Bitcoin showcased its significance as a risk asset amid market volatility. The sudden price increase was partly fueled by a $200 million short squeeze.

Impact of Trump’s Tariffs

Trump's announcement of new tariffs triggered a broad selloff in global equity markets, which resulted in turbulence in the cryptocurrency markets. Although Bitcoin initially suffered a dip, it showed signs of recovery, indicating its behavior as a risk asset.

Market Outlook for Cryptocurrencies

Analysts speculate that recent volatilities may indicate the beginning of a new bull market. The actions of institutional players, such as BlackRock, are significantly influencing further price fluctuations in Bitcoin and other crypto-assets.

Overall, recent events highlight the importance of institutional investments and macroeconomic factors for price movements in Bitcoin and other cryptocurrencies. Monitoring institutional behaviors and policy shifts remains crucial for understanding market trends.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

XRP: Forecasts and Developments in the Financial Sector

chest

XRP is on the verge of significant financial changes due to Ripple's license and growing institutional interest.

user avatarGiorgi Kostiuk

Reeve by Cardano: Transparency in Accounting through Blockchain

chest

Reeve by Cardano enhances accounting by ensuring data immutability and automating compliance processes.

user avatarGiorgi Kostiuk

How ChatGPT's 'Hallucinations' Sparked New Features for Soundslice

chest

Exploring how artificial intelligence can unexpectedly influence the development of the music platform Soundslice.

user avatarGiorgi Kostiuk

Whales on Hyperliquid Short PUMP, Token from Pump.fun Launching Soon

chest

Shorting of the PUMP token by whales has commenced on Hyperliquid ahead of its launch, with limited leverage positions opening.

user avatarGiorgi Kostiuk

Cryptocurrency Prices: XRP, Bitcoin, and Ethereum on July 10, 2025

chest

Overview of XRP, Bitcoin, and Ethereum prices on July 10, 2025, along with trends in the cryptocurrency market.

user avatarGiorgi Kostiuk

Stellar (XLM) Price Increases by 30% - Rally Only Just Beginning

chest

Stellar (XLM) price surged by 30% in the last 10 days, indicating potential for further growth amid market changes.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.