#BTCBreaksATH Yes, he did it, Mr. Fix!!!

On the evening of July 9, against the backdrop of a surge in trading volumes, digital gold recorded a new ATH at $111,999.79 in the BTC/USDT pair on the largest cryptocurrency exchange Binance.

Over the course of a day, the asset appreciated by 2.2%, and its market capitalization exceeded $2.2 trillion.

However, according to services like CoinGecko and CoinMarketCap, the peak weighted average price was reached on May 22 at $111,814 and $111,970 respectively.

“As per tradition,” the upward movement of digital gold quotes revived altcoins. Among the top 10, higher daily growth rates were shown by Ethereum, XRP, Solana, and Dogecoin — 6.5%, 4.2%, 3.3%, and 5.4%, respectively.

One of the key factors for demand may have been the growing interest in Bitcoin from institutions and corporations. After the strategy founded by Michael Saylor demonstrated a successful accumulation strategy for digital gold, many other companies followed suit.