#BTCBreaksATH
Bitcoin has broken its all-time high (ATH) again! On July 9, 2025, it reached a new ATH of $112,022, surpassing its previous peak of $111,814 set on May 22, 2025. This milestone marks the beginning of what many analysts are calling a new crypto bull market, fueled by growing institutional interest and a resurgence in retail demand.¹
*Recent Price Movement:*
- Current price: $111,011.01
- Open price: $108,773.82
- High price: $111,999.79
- Low price: $108,503.00
- Percent change: 2.06%
*Factors Contributing to the Surge:*
- Growing institutional interest in crypto assets
- Resurgence in retail demand
- Weakness in the US dollar, with the Dollar Index falling 10.1% year-to-date
- President Trump's proposal for a historic 300 basis point interest rate cut
*Expert Predictions:*
- Some influencers predict a $120,000-$130,000 rally
- Potential scenarios for Bitcoin's price movement:
- Temporarily dipping to $92,000-$93,000 before bouncing back and moving towards $120,000
- Surging past $113,000-$114,000 without revisiting lower levels²