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Bitcoin Hits New Record High at $116,046.44 Amid Crypto Surge 🚀

Bitcoin soared to a new all-time high of $116,046.44 on July 10, 2025, smashing its previous record of $113,734.64. The surge was fueled by growing demand from institutional investors 💼 and the pro-crypto policies of the US government 🇺🇸, especially under President Donald Trump. Bitcoin’s price has jumped 24% this year, marking an impressive rise 📈.

Alongside Bitcoin, the broader cryptocurrency market saw major gains 💥. Ethereum 💎 surged by 3.01%, reaching $2,905.24, while altcoins like Solana (SOL) and Dogecoin 🐕 joined the rally. XRP and Litecoin also rose by 3% 🌐, adding to the bullish sentiment.

This rally is supported by Trump’s crypto-friendly policies. In March, Trump signed an executive order 🖋️ creating a strategic reserve of cryptocurrencies and appointed crypto enthusiasts to key positions. Trump’s business ventures, like Trump Media & Technology Group, are now exploring new crypto ETFs 📊, including those focused on Bitcoin.

Crypto stocks also saw a boost 📈. Companies like Mara Holdings and Riot Platforms gained 2%, while platforms like Coinbase and Robinhood advanced by 4% 📲.

Bitcoin’s recent price stability above $100,000 over the past several weeks has been bolstered by the growing flow of funds into Bitcoin ETFs, showing increased institutional confidence in the cryptocurrency space 💰.

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