$BTC 🚀 Bitcoin (BTC) is on a tear lately! It just hit an all-time high of $118,872 on July 11, 2025. That’s more than double its value from a year ago. Here's a quick snapshot of what’s driving the momentum:

📈 Current Highlights

- Price: Around $118,000 as of today

- Market Cap: Over $2.3 trillion, making it the largest crypto asset

- Trading Volume: Surging past $83 billion in 24 hours

- Dominance: BTC still commands over 64% of the total crypto market

🔍 Why the Surge?

- Spot Bitcoin ETFs: Massive inflows from institutional investors like BlackRock and Fidelity

- Macro Trends: A weakening US dollar and expected Fed rate cuts are pushing investors toward risk-on assets like BTC

- Political Tailwinds: Pro-crypto legislation and support from the Trump administration have added fuel to the rally

📊 Speculative Outlook

Some analysts believe BTC could reach $200K–$300K by December if historical patterns hold, especially with the “power law” model suggesting we’re in the euphoric phase of the cycle.