Bitcoin Next ATH: How Far to a New Record?
As of February 7, 2025, the price of Bitcoin (#BTC ) is approximately $96,518, with an intraday high of $100,186 and a low of $96,213. This indicates that Bitcoin continues to move towards a new all-time high (ATH).
Previous ATH and market dynamics
The last ATH of Bitcoin was recorded on November 7, 2024 at $76,999. Since then, BTC has been steadily growing, which was facilitated by both macroeconomic factors and institutional investments.
An important role in this process is played by the company MicroStrategy (now Strategy), which as of February 2, 2025 owns 471,107 BTC (worth about $30.4 billion). However, the company suffered significant financial losses and suspended its aggressive Bitcoin buying strategy.
What’s driving the market right now?
1. Macroeconomics – US employment data showed a slowdown in hiring, prompting investors to look for alternative assets, including BTC. This led to Bitcoin’s price rising to $100,097.
2. Regulatory News – The approval of new Bitcoin ETFs in the US has boosted demand for the cryptocurrency among major players.
3. Market Expectations – Analysts predict that Bitcoin could surpass $100,000 in the coming months.
Will there be a new ATH in 2025?
