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📈 Bitcoin Hits New Record High Above $112,000

Global Markets, July 10, 2025 – Bitcoin surged past $112,000, reaching an all‑time high before slight pullback, driven by safe‑haven demand, mass liquidations of short positions, and heightened interest from ETF inflows .

BTC briefly tapped $112,022, retreating to around $111,200 .

The broader crypto market cap rose to approximately $3.47 trillion, despite setbacks like a $40M exploit on GMX’s platform .

Analysts still express caution, pointing to macroeconomic conditions and potential profit‑taking ahead of significant policy announcements .