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

Bitcoin Reaches Historic High of $112,040

user avatar

by Giorgi Kostiuk

10 hours ago


Bitcoin, the leading cryptocurrency, reached a new historical peak of $112,040 on the Bitstamp exchange after more than 50 days of price fluctuations.

New Bitcoin Record

Bitcoin surpassed its previous record of $112,000 set in March. At the end of July, the cryptocurrency dipped to $98,000, but bulls managed to regain control of the market. At the start of the month, Bitcoin surged nearly to $110,000, and after a brief pause, it has now logged a new record high.

Analyst Predictions

Analyst Anthony Scaramucci of SkyBridge Capital believes Bitcoin could reach $200,000 this year. Similar expectations were voiced by Standard Chartered, forecasting growth in the fourth quarter of 2025 due to strong institutional demand. Meanwhile, Tom Lee of Fundstrat predicts Bitcoin could soar to $250,000 this year.

Market Status and Position Liquidations

In the last 24 hours, nearly $430 million worth of short positions have been liquidated, with the majority of that amount ($280 million) wiped out over the past hour. This indicates high volatility and interest in Bitcoin among traders.

The record price update for Bitcoin and forecasts for further growth confirm the sustained interest in the cryptocurrency among both investors and institutional companies.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Trump's Tariffs: Impact on Global Markets and Cryptocurrencies

chest

Trump's trade policy raises concerns among global markets and may influence interest in cryptocurrencies.

user avatarGiorgi Kostiuk

SharpLink Gaming Increases Ethereum Holdings, Causing Stock Surge

chest

SharpLink Gaming added 7,689 ETH to its reserves, significantly boosting the company's stock price. Analysis of strategies and outlook.

user avatarGiorgi Kostiuk

Cluely's Journey: From Cheating Controversy to Ambitious AI Tool

chest

Cluely is criticized for aiding cheating but aims to be a powerful AI tool with unique contextual awareness.

user avatarGiorgi Kostiuk

Amazon Prime Day Sales Decline by 41%: Analysis and Consequences

chest

Amazon reports a 41% drop in Prime Day sales. Analysis of changes in consumer behavior and impact on cryptocurrency markets.

user avatarGiorgi Kostiuk

PUMP Launches on July 12: ICO Details and Token Distribution

chest

PUMP token available at ICO starting July 12, expected to attract significant investments with a total supply exceeding 1 trillion tokens.

user avatarGiorgi Kostiuk

Revolut Temporarily Halts All Crypto Services in Hungary Due to Ban

chest

Revolut has suspended all crypto services in Hungary following the government’s declaration of cryptocurrency transactions as illegal.

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.