On July 10, 2025, Bitcoin recorded a new all-time high, reaching approximately $116,046.44 and surpassing the previous record.

A brief but concise overview of Bitcoin and Ethereum prices on July 10, 2025, is as follows:

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📈 Bitcoin (BTC)

On July 10, 2025, Bitcoin recorded a new all-time high, reaching approximately $116,046.44, surpassing the previous record.

It traded around $116k during the day; it has been ~24% up since the beginning of the year.

The main factors behind the increase were: institutional investment, ETF flows in the U.S., and the positive policies of the Trump administration.

Technical Perspective

Bitcoin completed a 'triangle breakout' campaign, sustaining the bullish trend.

Sudden low availability and the buying sentiment of holders (liquid supply squeeze) are also contributing to the bullish trend.

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Ethereum (ETH)

On July 10, 2025, ETH jumped above the ~$2,905 level, reaching around $2,986–$2,998.

According to YCharts, it closed at $2,772.58 at the end of the day, although other reports mentioned ~$3,000–$3,024.90 as well.

ETH also benefited from positive institutional and whale buying, ETF flows, and short-covering.

Technical Indicators

ETH showed a rise of 6–8%, primarily driven by short-covering and large-holder accumulation.

Structures like 'cup-and-handle' are forming on the technical chart, with a target area considered to be $3,120–$3,180.

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BTC ↔️ ETH exchange rate

According to CoinGecko, on July 10, 1 ETH = 0.02491069 BTC, meaning 1 BTC ≈ 39.25 ETH.

This figure was slightly lower compared to July 9, indicating that Bitcoin grew a bit faster than Ethereum.

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🔑 Summary

Crypto Date Peak Level (USD) Main Reason

BTC July 10, 2025 ~$116,000 Institutional demand, ETF flows, Trump administration support

ETH July 10, 2025 ~$2,986–$3,000 Whale accumulation, short-covering, staking, and ETF flows

Conclusion:

On July 10, both Bitcoin and Ethereum reached record levels, particularly Bitcoin touching new heights and Ethereum nearing $3k. This was primarily due to institutional investment, large-holder buying, capital flows through ETFs, and technical breakouts.

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If you want to use this data in the future—for investment purposes—I have also provided the main technical support and resistance levels in the points above.

If you want to know strategies, chart analysis, or any other crypto-related information—like Solana, Ripple, etc.—please let me know.