#Bitcoin Hits New All-Time High of $113,700 – Strong Momentum, Big Demand, Global Shift
Bitcoin has once again made history. On July 10, 2025, $BTC broke past its old record and soared to a fresh all-time high of $113,700. This breakout marks a major moment in Bitcoin's growth and shows how far crypto has come in being accepted by big financial institutions and global investors.
What's Pushing Bitcoin Up?
1. Big Companies & ETFs Are Buying Bitcoin demand from major players is growing fast. In Q2 alone, ETFs added over $215 million, and total corporate BTC holdings now stand at 847,000 BTC. That’s a massive vote of confidence.
2. Clearer Rules Both the U.S. and the EU are giving crypto a legal green light. The new MICA rules in Europe and U.S. bills are making it easier and safer for companies to invest in Bitcoin. That means less fear, more action.
3. Supply Is Drying Up BTC held on exchanges is dropping. People are buying and holding. This shrinking supply creates more pressure on the price to move up.
4. U.S. Buyers Are Leading U.S. interest is red-hot. The Coinbase Premium Gap hit 42 points, meaning Americans are paying more than the global average — a sign of aggressive demand.
Market Action
Over 4,200 BTC were bought in high-volume trades during this move.
Net inflow reached 1,883 BTC, showing that buying was stronger than selling.
U.S. traders led the charge with +2,195 BTC, while Europe added +387 BTC. Asian markets took some profits (-233 BTC).
Support is now at $109,288, with bullish indicators suggesting more upside.
Long/short ratio of 43.95 confirms that most traders are betting on BTC going higher.
What Traders Think
Sentiment is still very positive. Over 92% of Binance users remain bullish. Even with a few risks like resistance at $112K or possible government selling, the momentum is too strong to ignore.
Bitcoin is not just back. It’s rewriting the rules. The next stop? $120,000 could be closer than you think.
