Why is the Crypto Market Up Today? – July 10, 2025

The crypto market is heating up today with Bitcoin surging to a new all-time high on leading crypto exchanges. Other top cryptocurrencies also followed, spiking to multi-month highs in the past 24 hours. At one point, Bitcoin climbed just over $112,000, its ATH zone, but later dropped a little to consolidate the gain from yesterday. It currently trades around $111,000 as per latest market data. One of the reasons for the rise is the upcoming Crypto Week in the U.S., which is set to begin in just four days. It’s going to be a busy week filled with crypto talks and events. Many traders and investors are feeling hopeful again, and fresh money is entering the market. Bitcoin is now close to hitting a record high. If it manages to break past that and holds, it price could move up to $120,000. But if it drops, the next strong level is around $107,500, and after that, it could be $105,500. Traders are watching closely.#BinanceTurns8