#BTCBreaksATH Bitcoin reached a new all-time high today, July 10, 2025, surpassing $112,000, which triggered euphoria in the cryptocurrency markets. The nearly 3% increase over the last 24 hours was driven by optimistic investor sentiment, supported by signals from the FOMC minutes indicating possible interest rate cuts in the USA. The global cryptocurrency market capitalization rose to $3.47 trillion. Increased institutional interest, including the purchase of 370 BTC by Sequans Communications, and decreasing reserves on exchanges (2.99 million BTC) indicate accumulation. Analysts predict further increases, with a target of $118,000, although a short-term correction is not excluded.
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