# **Bitcoin (BTC) Achieves New Record 🚀**
The price of **Bitcoin (BTC)** has broken through a major resistance barrier and reached an **All-Time High (ATH)**, reflecting strong bullish momentum. Here are the highlights:
## **Current Price and Bitcoin Performance**
- **Price:** As of July 10, 2025, the price of BTC reached **$113,527.45** (+2.34% in one day) 📈.
- **Previous High:** In May 2025, Bitcoin surpassed **$111,880** for the first time.
- **Market Cap:** Bitcoin's market cap is now **$2.217 trillion** (+96.34% year-over-year).
## **Reasons for the Strong Ascent**
1. **Bitcoin ETF and Institutional Inflows**
- Bitcoin ETFs have seen significant inflows, with **BlackRock's IBIT alone attracting $788.3 million in a single day**.
- The U.S. government's announcement of a **"Strategic Bitcoin Reserve"** in March 2025 boosted investor confidence.