#BTCBreaksATH The hashtag #BTCBreaksATH refers to the news that Bitcoin has surpassed its all-time high (ATH - All-Time High). This means that the price of Bitcoin has reached a level never seen before.

Here is a summary in English of what this implies:

* New Price Record: Bitcoin has reached a new all-time high, surpassing $112,000 USD, and remaining close to $111,400 USD on July 10, 2025. This represents significant growth, with an increase of over 18% since the beginning of 2025.

* Driven by Institutional Demand: One of the main drivers of this surge is the growing appetite of institutional investors and the greater adoption of Bitcoin by traditional financial companies. There has been a substantial inflow of capital into spot Bitcoin ETFs in the U.S., exceeding $50 billion in accumulated net inflows. Companies like BlackRock, Fidelity, and Metaplanet have increased their Bitcoin holdings.

* Short Position Contraction: The price increase triggered a "short position contraction" (short squeeze), forcing investors who bet on Bitcoin's decline to close their positions, creating additional upward momentum.

* Additional Factors:

* Optimism on Wall Street and Dollar Weakness: The cryptocurrency market is responding to overall optimism in financial markets and the weakness of the U.S. dollar, leading investors towards assets considered "safe havens" like Bitcoin.

* Pro-Crypto Policies (Mentioned in some sources): Some news mentions crypto-friendly policies, including the possibility of a strategic reserve of Bitcoin in the U.S., although the perception of this happening has diminished.

* Market Sentiment: The collective enthusiasm of investors, driven by success stories and advancements in Bitcoin infrastructure, also plays a crucial role.