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

Bitcoin Sets New Record, Climbing Above $112,000

user avatar

by Giorgi Kostiuk

10 hours ago


Bitcoin, the world's largest cryptocurrency, has set a new historic record by surpassing $112,000, underlining its maturity and resilience in the global financial system.

Bitcoin's Historic Milestone

According to the latest market data, Bitcoin (BTC) surged to an all-time high of $112,055 on July 9, surpassing its previous peak of $111,970.17 set in late May. This move signals renewed bullish momentum as the market recovers from lingering concerns over US President Donald Trump’s tariff measures.

Growth Factors and Support

Today, Bitcoin holds a market capitalization of approximately $2.18 trillion, representing around 65% of the entire $3.4 trillion crypto market. President Trump’s pro-Bitcoin stance has added confidence to the market as, following his re-election victory, Bitcoin surged past $76,999 in November 2024 and later crossed the $100,000 milestone in December. Trump’s administration is now working on a strategic US Bitcoin reserve, further cementing BTC’s status in financial mainstream.

Market and Crypto Stocks

Institutional adoption remains a key factor in Bitcoin's current rally. Wall Street giant BlackRock now holds 3.5% of all circulating Bitcoin through its iShares Bitcoin Trust, demonstrating major investors' interest in the asset. The success of Bitcoin ETFs has contributed to increasing confidence and steady capital inflows. Optimism has also affected crypto-related stocks: MicroStrategy (MSTR) shares climbed 4.4% to $414, nearing their yearly peak, while Coinbase (COIN) rose 5%. Bitcoin mining companies MARA Holdings (MARA) and Riot Platforms (RIOT) also experienced gains of about 6%.

Bitcoin continues to set new records, and market observers are watching to see if it can sustain this achievement and leverage its current strength into an even larger surge as it explores new resistance levels.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

K Wave Media Plans to Accumulate 10,000 Bitcoins with $1 Billion

chest

K Wave Media has raised $1 billion to purchase up to 10,000 BTC, emphasizing strategic transparency in its finances.

user avatarGiorgi Kostiuk

Snoop Dogg Makes $12 Million from Telegram NFT Drop in 30 Minutes

chest

Snoop Dogg's first digital collectibles launch on Telegram sold out in just 30 minutes, raising $12 million. Details inside.

user avatarGiorgi Kostiuk

Ethereum Rises 7%: Active Buying Among Large Players Observed

chest

Increased institutional investment and over $210 million withdrawn from exchanges signal confidence in Ethereum as its price rises by 7%.

user avatarGiorgi Kostiuk

S&P 500 and Nvidia: Records and Tariff Worries

chest

S&P 500 is close to records, Nvidia is the first company with a $4 trillion market cap. Tariff concerns impact investors.

user avatarGiorgi Kostiuk

UK Implements New Tax Rules for Crypto Traders

chest

The UK introduces new tax reporting rules for crypto traders, expected to raise £315 million in revenue by 2030.

user avatarGiorgi Kostiuk

XYZVerse: An Update on the Crypto Market with Ambitious Goals

chest

XYZVerse attracts investor attention with its potential and innovative approach to meme tokens.

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.