Bitcoin Breaks All Time High !! #BTCBreaksATH
Yes—Bitcoin has recently broken through its previous all‑time high, surging above $116,000. According to CoinDesk data and multiple reports, BTC reached a new record high of $116,046.44 on Thursday, July 10, 2025 . Other outlets like Reuters and CoinDesk placed previous highs around $112,000–$113,800 earlier that same week .
Earlier that week (July 9–10), BTC first eclipsed $112,000, and then climbed above $113,000 as momentum mounted .
On the most recent spike, BTC briefly traded as high as $116,046.44 and even up to $116,876.60 per some sources—including Coindesk reporting over $116.5 K .
So yes—Bitcoin has decisively broken past its May 2025 peak of approximately $111,970 and has now set multiple successive all‑time highs.
What’s Driving the Rally?
Key catalysts behind the surge:
Massive institutional demand and corporate adoption: Companies such as MicroStrategy, Tesla, GameStop, Trump Media & Technology Group are increasingly using Bitcoin as a reserve asset—a trend dubbed “bitcoin treasury strategy” .
Crypto‑friendly U.S. policy: The Trump administration has taken several actions including establishing a strategic bitcoin reserve, advancing stablecoin regulation, and supporting tax and regulatory frameworks that favor digital assets .
Macroeconomic environment: Dovish signals from the Federal Reserve (hinting at rate cuts), a weakening U.S. dollar, and rising risk sentiment helped gasoline the rally .