Bitcoin Price Hits New ATH of $112k: Is the 2025 Altseason Here? Experts’ Insights
2025-07-09 22:13:48
Main Idea
Bitcoin (BTC) price reached a new all-time high (ATH) of approximately $112,000, driven by heightened demand from U.S. spot Bitcoin ETFs and bullish market sentiment.
Key Points
1. Bitcoin surged over 2% in the past 24 hours, surpassing its previous ATH of $111,814 recorded on May 22, 2025.
2. Bitcoin's market cap exceeded $2.2 trillion, making it the fifth most valuable asset, surpassing Alphabet (Google).
3. U.S. spot Bitcoin ETFs, led by BlackRock’s IBIT and Fidelity’s FBTC, recorded over $13 billion in net cash inflows in the past four months.
4. Bullish sentiment was fueled by retail boredom, FUD, and geopolitical tensions, including U.S.-led tariff wars.
5. The BTC price rally impacted the altcoin market, with over $496 million liquidated in the past 24 hours.
Description
The post Bitcoin Price Hits New ATH of $112k: Is the 2025 Altseason Here? Experts’ Insights appeared first on Coinpedia Fintech News Bitcoin (BTC) price has recorded a new all-time high (ATH) of about $112,000 on several cryptocurrency exchanges, led by Binance. The flagship coin surged over 2 percent in the past 24 hours, thus rallying above the former ATH of about $111,814, which was recorded on May 22, 2025. According to aggregate data from CoinMarketCap, Bitcoin’s market cap rallied above $2...
Latest News
- Ripple CEO Declares XRP Court Win at Senate Hearing: ‘We Prevailed’2025-07-10 05:14:50
- Ripple Price Prediction For July 102025-07-10 04:10:24
- Justin Sun Announces Plans to Purchase Official Trump Meme Worth $100M: What Next for $TRUMP Price?2025-07-09 23:12:48
- Bitcoin Price Hits New ATH of $112k: Is the 2025 Altseason Here? Experts’ Insights2025-07-09 22:13:48
- Pump.fun Confirms $1.3B ICO for $PUMP Token on July 12: Details2025-07-09 20:14:30