#BTCBreaksATH Bitcoin (BTC) has reached a new all-time high of 116 626 $ on July 10, 2025, marking an impressive increase of 21% since the beginning of the year.

Key factors for this rise:

Massive institutional inflows: Bitcoin spot ETFs recorded net inflows of $4.4 billion, bringing assets under management to $136.75 billion.

Increased regulatory support: The Trump administration established a strategic reserve of Bitcoin, enhancing the legitimacy of cryptocurrency as a national reserve asset.

Favorable macroeconomic conditions: The weakness of the US dollar and signals of interest rate cuts from the Federal Reserve have bolstered Bitcoin's appeal as a safe haven.

Technical outlook:

Analyses suggest that Bitcoin could target 130 000 $ in the short term, despite a possible short-term correction.