$BTC

Bitcoin Sets Record Above $112,000 Amid Institutional Surge

On July 9, 2025, Bitcoin briefly surged above $112,000, hitting a new all-time high driven by robust institutional interest and macroeconomic tailwinds . The rally was spurred by significant inflows into spot‑Bitcoin ETFs, favorable regulatory signals—including talk of a U.S. “strategic bitcoin reserve”—and weakening of the U.S. dollar . Massive short‑position liquidations—estimated between $280 M and $425 M—fueled the momentum . After the peak, BTC settled back near $111,200–$111,400, with analysts warning of potential profit‑taking. Still, the breakout above $112K signals sustained bullish sentiment and growing mainstream adoption.---