Bitcoin Hits New All-Time High of $112,000!
On 9 July 2025, Bitcoin made history once again, breaking through the $112,000 barrier for the very first time. That‘s nearly $15,000 above last month‘s peak. So, what‘s driving this spectacular rise? Time to break down the key factors, current sentiment and what we might expect next.
Institutional buying: Big players like BlackRock (via its iShares Bitcoin Trust), Strategy (formerly MicroStrategy), The Smarter Web Company, and various tech firms are buying up BTC in bulk. IBIT now holds more than 700,000 BTC — around 3.33% of total supply. Strategy is currently the largest corporate holder of Bitcoin in the world. Led by Michael Saylor, the firm now owns nearly 600,000 BTC (worth approx. $65 billion), with an average purchase price of around $70,982 per coin. In Q2 alone, the company added nearly $7 billion in BTC. This aggressive institutional accumulation is a major catalyst behind Bitcoin‘s latest all-time high. Expectations of interest rate cuts: The macroeconomic environment is favourable. Inflation continues to decline, and the Federal Reserve is increasingly expected to cut interest rates. That makes alternative investments — like crypto — more attractive, especially for institutional players seeking yield. Strong recovery from previous peaks: According to John Glover (ex-Barclays, now at Ledn), the recent price action reflects a healthy ‘retest‘ of the $98,000 level. Rather than triggering panic selling, the dips led to consolidation and fresh inflows — a sign of a maturing market.
John Glover, Chief Investment Officer at crypto lender Ledn, adds that price behaviour around previous highs shows how solid the market has become. Unlike in past cycles, we‘re not seeing mass profit-taking after a peak — instead, investors are holding tight. “Bitcoin‘s no longer being dumped on gains — it‘s being held,” says Glover. To many, that signals Bitcoin has outgrown its hype phase and is now seen as a mature asset class.
Scenario 1: steady climb
Bitcoin may first test the $113,000–$114,000 range — a psychologically and technically significant resistance level. If it breaks through convincingly, $120,000 could be next. However, a “CME gap” remains open between $92,000 and $95,000 — a gap on the futures market that often gets filled later — so a temporary correction is still on the table.
Scenario 2: explosive breakout
If current momentum continues — spurred by further institutional buying, rate cuts or geopolitical tensions — BTC could break through to $125,000 or beyond without much resistance. In this case, the $112k–$115k range could become the new support zone, with every dip getting quickly bought up.
Disclaimer: This is not financial advice. Always do your own research and consult with a professional advisor.
Why has Bitcoin surged so quickly?
Bitcoin has shattered records multiple times in recent weeks. In fact, April, May and June each closed with new monthly highs — with June ending at $107,000. Here‘s what‘s fuelling BTC‘s strong upward momentum:What do analysts say about this surge?
Many market observers agree: this new all-time high isn't a lucky shot, but the result of sustained momentum and strategic adoption. Michael Saylor, founder of MicroStrategy, remains one of Bitcoin‘s most vocal supporters. He‘s as bullish as ever: “Winter is not coming back… if Bitcoin‘s not going to zero, it‘s going to a million.” In his view, the tide has permanently turned. Bitcoin is increasingly seen — especially by corporates and institutions — as digital gold, a long-term store of value.John Glover, Chief Investment Officer at crypto lender Ledn, adds that price behaviour around previous highs shows how solid the market has become. Unlike in past cycles, we‘re not seeing mass profit-taking after a peak — instead, investors are holding tight. “Bitcoin‘s no longer being dumped on gains — it‘s being held,” says Glover. To many, that signals Bitcoin has outgrown its hype phase and is now seen as a mature asset class.
What can we expect in the near future?
There are two main scenarios being floated by traders and analysts when it comes to Bitcoin‘s next move:Scenario 1: steady climb
Bitcoin may first test the $113,000–$114,000 range — a psychologically and technically significant resistance level. If it breaks through convincingly, $120,000 could be next. However, a “CME gap” remains open between $92,000 and $95,000 — a gap on the futures market that often gets filled later — so a temporary correction is still on the table.
Scenario 2: explosive breakout
If current momentum continues — spurred by further institutional buying, rate cuts or geopolitical tensions — BTC could break through to $125,000 or beyond without much resistance. In this case, the $112k–$115k range could become the new support zone, with every dip getting quickly bought up.
Short-term watch zone?
All eyes are on how Bitcoin performs between $111,000 and $114,000. If it holds above, another surge may follow. If it dips below, we could first see a period of consolidation or a “healthy” correction before the next leg up.Conclusion
This new all-time high feels less like a fluke and more like a turning point. What we‘re witnessing is the result of years of foundation-building: institutional adoption, growing confidence among investors big and small, and rising demand for alternatives to the traditional financial system. Companies like MicroStrategy continue to pour billions into BTC. Central banks are leaning toward rate cuts. And the global conversation about financial resilience is louder than ever. Yes, corrections will come — that‘s part of the journey. But sentiment appears stronger than ever. And this could well be the beginning of a fresh wave of even higher highs.Disclaimer: This is not financial advice. Always do your own research and consult with a professional advisor.