#BTCBreaksATHToday 🔥Bitcoin at $112,000 breaks historical record!
The macroeconomic environment has improvements that boost financial markets. The "tariff war" is coming to an end.
Bitcoin could reach $118,000 in the coming days, according to Willy Woo.
The price of bitcoin (BTC) reached a new historical high today, July 9, 2025, at $112,000.
International tariff agreements and the extension of the "tax truce" established by the United States government to some countries have created a climate of financial optimism that has been favorable for BTC. Additionally, U.S. President Donald Trump called for the Federal Reserve (Fed) to quickly cut interest rates. On his Truth Social account, he wrote:
"Our federal interest rate is at least 3 points higher [than it should be]. 'Too late' costs the U.S. $360 billion per point, PER YEAR, in refinancing costs. Without inflation, companies are leaving for the United States. !!!CUT THE RATE!!!".
Donald Trump, President of the United States.
As explained in the Cryptopedia —educational section of X — low interest rates are favorable for volatile assets, so if the presidential request were heeded, it would inject liquidity into the market and further drive up the price of BTC. It was expected to reach a new historical high, according to historical statistical patterns.