#BTCBreaksATH

As of July 11, 2025, Bitcoin (BTC) has recently broken its all-time high, reaching $116,494.50 USD, according to CoinDesk, with a 24-hour trading volume of approximately $27.08 billion. Other sources, such as CoinMarketCap, report a slightly lower price of $116,118.06 USD, with a 24-hour trading volume of $93.12 billion. This surge follows a period of consolidation, with Bitcoin breaking above the previous high of $112,000 set in May 2025, as reported by multiple sources including Coinbase and Binance. The rally is attributed to factors like institutional interest, strong ETF inflows, and optimism surrounding potential U.S. crypto legislation, such as the CLARITY Act. However, some analysts note potential for a pullback due to overbought conditions, with the Relative Strength Index (RSI) nearing exhaustion levels.