#BTCBreaksATH ### Bitcoin Breaks Previous Record

**1. New Records**

- Bitcoin achieved a new all-time high (ATH) of $113,014.31 on July 10, 2025.

- On July 9, 2025, it reached $112,000.

- On July 10, 2025, it hit $113,800.

**2. Current Price**

- As of July 9, 2025, the price of Bitcoin was around $113,777.00.

- On July 10, 2025, the price was $113,347.

**3. Market Performance**

- Bitcoin rose between 1.56% and 4.24% in the last 24 hours.

- The total market value of cryptocurrencies reached $3.52 trillion.

**4. Factors Driving the Rise**

- **ETF Inflows:** Increased inflows to Bitcoin-backed ETFs are contributing to the price surge.

- **Corporate Adoption:** Increased investments from major companies like BlackRock.

- **Positive Regulatory Signals:** A more favorable environment for cryptocurrencies in the United States.

- **Safe Haven Asset:** The decline of the dollar boosts institutional interest in safe-haven assets like Bitcoin.

**5. Market Dynamics**

- **Short Position Liquidations:** The rising price of Bitcoin is partially due to short position liquidations.

- **Accumulation:** An increase in Bitcoin holdings in accumulation addresses.

- **Institutional Investment:** Institutional investment is driving Bitcoin to new heights.

**6. Market Outlook**

- Analysts expect that Bitcoin's highs are just beginning.