{"id":55682,"date":"2025-07-10T03:43:27","date_gmt":"2025-07-10T03:43:27","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-hits-record-high-of-112055-crypto-stocks-rally-in-response\/"},"modified":"2025-07-10T03:43:27","modified_gmt":"2025-07-10T03:43:27","slug":"bitcoin-hits-record-high-of-112055-crypto-stocks-rally-in-response","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-hits-record-high-of-112055-crypto-stocks-rally-in-response\/","title":{"rendered":"Bitcoin hits record high of $112,055; crypto stocks rally in response"},"content":{"rendered":"

(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b>
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Bitcoin has once again smashed through its previous records, surging past the $112,000 mark for the first time in its history to set a new all-time high on July 9. <\/span><\/p>\n

The milestone represents a significant achievement for the leading cryptocurrency as it continues to recover from the market aftershocks of US President Donald Trump\u2019s tariff policies and solidifies its position in an evolving financial landscape.<\/span><\/p>\n

As the broader crypto market continues its recovery, Bitcoin (BTC) hit a new record high of $112,055 on Tuesday. This fresh peak surpasses the previous all-time high of $111,970.17, which was set on May 22. <\/span><\/p>\n

The digital asset has been trading in a volatile range since then, with the area around the $110,000 level proving to be a significant psychological and technical barrier. <\/span><\/p>\n

Over the past several weeks, each time Bitcoin\u2019s price neared this level, it was met with a combination of profit-taking from existing holders and increased pressure from short-sellers. <\/span><\/p>\n

This latest decisive break suggests a new wave of bullish momentum has taken hold.<\/span><\/p>\n

The journey of Bitcoin, first introduced in a 2008 white paper by its pseudonymous creator, Satoshi Nakamoto, has been remarkable. <\/span><\/p>\n

Launched in 2009 as the world\u2019s first decentralized cryptocurrency, it has grown to become the largest digital asset, with a current market capitalization of $2.18 trillion. <\/span><\/p>\n

At the time of this report, Bitcoin accounted for nearly 65% of the total crypto market capitalization of $3.4 trillion.<\/span><\/p>\n

From crossing the $100 mark in April 2013 to the $1,000 mark in November of that same year, its path has been marked by staggering growth. <\/span><\/p>\n

It first hit the $10,000 level in November 2017 and reached a memorable peak of $69,000 in November 2021. <\/span><\/p>\n

Following President Trump\u2019s victory in his second presidential election, it set a new all-time high of $76,999 in early November 2024, before crossing the landmark $100,000 target in early December 2024.<\/span><\/p>\n

The institutional bedrock: a maturing market<\/span><\/h2>\n

A key factor underpinning Bitcoin\u2019s current strength is its growing acceptance within the traditional financial system. <\/span><\/p>\n

With the Trump administration signaling its validation of Bitcoin through its plan to create a strategic US Bitcoin reserve, and with the continued institutional adoption led by Wall Street giants such as BlackRock (NYSE: BLK), the \u201cking coin\u201d appears to have found a more secure home, at least for now, within the US financial ecosystem.<\/span><\/p>\n

BlackRock\u2019s iShares Bitcoin Trust, a prime example of this institutional integration, now currently owns 3.5% of the total supply of Bitcoin. <\/span><\/p>\n

The success of this and other spot Bitcoin ETFs has had a profound effect on institutional investment and has likely influenced the broader market optimism.<\/span><\/p>\n

A quiet build-up, a bullish setup?<\/span><\/h2>\n

While the new all-time high is a headline-grabbing event, some market watchers have noted that the build-up to this moment has been relatively slow and quiet, which they interpret as a potentially bullish setup for what\u2019s to come. <\/span><\/p>\n

\u201cCrypto feels so quiet, [while] bitcoin is ready to move,\u201d wrote Charlie Morris, chief investment officer at ByteTree, in a recent report. <\/span><\/p>\n

Morris pointed out that Bitcoin\u2019s volatility has been steadily declining, a pattern that has historically preceded large upward price movements.<\/span><\/p>\n

This sentiment was reflected in the performance of crypto-related stocks. Shares of Strategy (MSTR) were higher by 4.4%, trading at $414, just a few dollars shy of its highest level in 2025 (though still well below its record high of $543 set late last year). <\/span><\/p>\n

Crypto exchange Coinbase (COIN) was ahead by 5%, and Bitcoin miners MARA Holdings (MARA) and Riot Platforms (RIOT) were both up by roughly 6%, all riding the wave of Bitcoin\u2019s record-breaking achievement.<\/span><\/p>\n

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(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Bitcoin has once again smashed through its previous records, surging past the $112,000 mark for the first time in its history to set a new all-time high on July 9. The milestone represents a significant achievement for the leading cryptocurrency as […]<\/p>\n","protected":false},"author":3947362378,"featured_media":55683,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/55682"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362378"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=55682"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/55682\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/55683"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=55682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=55682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=55682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}