Bitcoin (BTC) soared to a record high of $118,839 on July 11, 2025, marking its first time reaching this peak. The surge was driven by increased institutional adoption, with spot Bitcoin ETFs seeing massive inflows, notably $7.4 billion in the past five weeks. A crypto-friendly regulatory shift, spurred by President Trump’s policies and the appointment of Paul Atkins as SEC chair, boosted investor confidence. The April 2024 Bitcoin halving tightened supply, further fueling the rally. Despite a brief dip below $100,000 in June, BTC’s 47% rise from April’s $75,000 low reflects strong market momentum. Analysts predict continued growth, with targets ranging from $135,000 to $320,000 in 2025, though volatility remains a concern.
