TraderKKS
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#BTCBreaksATH Yes, Bitcoin (BTC) has recently broken its all-time high (ATH). As of July 11, 2025, Bitcoin has surged past $118,000, with some sources reporting an ATH of around $118,856.
This recent surge is being attributed to several factors, including:
* Strong institutional demand and ETF inflows: The approval of spot Bitcoin ETFs in the US has made it easier for institutional and retail investors to gain exposure to Bitcoin, leading to significant capital inflows. BlackRock's iShares Bitcoin Trust (IBIT) alone has seen massive inflows, breaking ETF records.
* Pro-crypto political signals: The current US administration's crypto-friendly stance and ongoing legislative efforts to regulate cryptocurrencies (like the proposed GENIUS Act for stablecoins) have boosted investor confidence and are seen as a turning point for the industry.
* Growing view of Bitcoin as a safe-haven asset: Despite global economic uncertainties, investors are increasingly viewing Bitcoin as a "digital gold" and a hedge against inflation.
* Limited supply: Bitcoin's fixed supply of 21 million coins, especially after the recent halving event in April 2024 (which reduced the daily output of new coins), contributes to its scarcity and upward price pressure.
Bitcoin has been on a strong upward trend, with some reports indicating a gain of over 18% since the beginning of 2025. Experts are bullish on its future, with some predicting it could reach $145,167 by the end of 2025 and even higher in the coming years.
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#BTC
This recent surge is being attributed to several factors, including:
* Strong institutional demand and ETF inflows: The approval of spot Bitcoin ETFs in the US has made it easier for institutional and retail investors to gain exposure to Bitcoin, leading to significant capital inflows. BlackRock's iShares Bitcoin Trust (IBIT) alone has seen massive inflows, breaking ETF records.
* Pro-crypto political signals: The current US administration's crypto-friendly stance and ongoing legislative efforts to regulate cryptocurrencies (like the proposed GENIUS Act for stablecoins) have boosted investor confidence and are seen as a turning point for the industry.
* Growing view of Bitcoin as a safe-haven asset: Despite global economic uncertainties, investors are increasingly viewing Bitcoin as a "digital gold" and a hedge against inflation.
* Limited supply: Bitcoin's fixed supply of 21 million coins, especially after the recent halving event in April 2024 (which reduced the daily output of new coins), contributes to its scarcity and upward price pressure.
Bitcoin has been on a strong upward trend, with some reports indicating a gain of over 18% since the beginning of 2025. Experts are bullish on its future, with some predicting it could reach $145,167 by the end of 2025 and even higher in the coming years.
pls follow me I will follow you back kind request lovely people ๐๐ค๐๐ญ๐๐
#BTC
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