{"id":861432,"date":"2025-07-10T19:13:19","date_gmt":"2025-07-11T00:13:19","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/07\/10\/bitcoin-tops-113000-in-record-breaking-rally\/"},"modified":"2025-07-10T19:13:19","modified_gmt":"2025-07-11T00:13:19","slug":"bitcoin-tops-113000-in-record-breaking-rally","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/07\/10\/bitcoin-tops-113000-in-record-breaking-rally\/","title":{"rendered":"Bitcoin tops $113,000 in record-breaking rally"},"content":{"rendered":"<div>\n<p>Bitcoin surged to a new record high on Thursday, fueled by growing demand from institutional investors and pro-crypto policies under the Trump administration.<\/p>\n<div>\n<h4>Suggested Reading<\/h4>\n<\/div>\n<p>The world\u2019s largest cryptocurrency jumped to an all-time high of $113,450 at the time of writing. This marks its first record since late May and puts Bitcoin nearly 50% above its early April low.<\/p>\n<div>\n<h4>Related Content<\/h4>\n<\/div>\n<p>The rally comes as more companies add Bitcoin to their corporate treasuries and lawmakers push forward with legislation supporting the crypto sector. So far this year, Bitcoin has gained 19%, keeping pace with the returns of big tech names like Nvidia and Microsoft.<\/p>\n<p>However, trading volumes on Coinbase, the largest U.S.-based crypto exchange, have been dwindling. Analysts say this suggests that big institutional players may be accumulating Bitcoin through spot ETFs rather than on exchanges.<\/p>\n<p>Looking ahead, technical <a href=\"https:\/\/qz.com\/bitcoin-how-high-can-it-go-in-2025\" rel=\"noopener noreferrer\" target=\"_blank\">analysts see a potential upside target for Bitcoin of around $146,400,<\/a> which would be a 32% jump from current levels. On the downside, if Bitcoin pulls back, the $107,000 level could act as support, sitting just below the channel\u2019s upper trendline and near its 50-day moving average.<\/p>\n<div>\n<h2>???? Sign up for the Daily Brief<\/h2>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/qz.com\/-bitcoin-tops-112000-record-breaking-rally\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Emily Price<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin surged to a new record high on Thursday, fueled by growing demand from institutional investors and pro-crypto policies under the Trump administration. Suggested Reading The world\u2019s largest cryptocurrency jumped to an all-time high of $113,450 at the time of writing. This marks its first record since late May and puts Bitcoin nearly 50% above<\/p>\n","protected":false},"author":1,"featured_media":861433,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,4368],"tags":[],"class_list":["post-861432","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","category-record-breaking"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/861432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=861432"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/861432\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/861433"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=861432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=861432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=861432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}