#BTCBreaksATH could go towards 118,000 dollars in the coming days, according to Willy Woo.

The price of bitcoin (BTC) marked a new all-time high today, July 9, 2025, reaching 112,000 dollars.

International tariff agreements and the extension of the tax "truce" established by the United States government for some countries created a climate of financial optimism that turned out favorable for BTC. Additionally, the President of the United States, 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 dollars per point, PER YEAR, in refinancing costs. Without inflation, companies are leaving for the United States. !!!LOWER 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 boost the price of BTC. The arrival at a new all-time high was expected, according to historical statistical patterns.