#BTCBreaksATH Here’s the latest on #BTCBreaksATH:

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🚀 Bitcoin Hits a New All-Time High (~$112K)

Bitcoin has surged past its May peak and touched a fresh all-time high of around $112,000 on July 9–10, 2025 .

This climb marked a nearly 20% year-to-date increase from early 2025 .

🔍 Catalysts Behind the Rally

1. Strong U.S. Buying Pressure

U.S. investors and institutions drove demand, creating a price premium on platforms like Coinbase compared to Binance .

2. Liquidations of Short Positions

Over $200M–$340M in short positions were liquidated, fueling the upward momentum .

3. Fed Rate-Cut Expectations & Macro Trends

Speculation that the U.S. Federal Reserve may cut interest rates, alongside a weakening dollar and global risk-on sentiment, boosted Bitcoin .

4. ETF Inflows & Institutional Adoption

Ongoing inflows into U.S.-listed spot Bitcoin ETFs, along with rising corporate treasury investments (e.g., BlackRock’s IBIT, Strategy, Smarter Web Company), lent support .