{"id":861480,"date":"2025-07-10T19:12:53","date_gmt":"2025-07-11T00:12:53","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/07\/10\/bitcoin-price-hits-new-ath-of-112k-is-the-2025-altseason-here-experts-insights\/"},"modified":"2025-07-10T19:12:53","modified_gmt":"2025-07-11T00:12:53","slug":"bitcoin-price-hits-new-ath-of-112k-is-the-2025-altseason-here-experts-insights","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/07\/10\/bitcoin-price-hits-new-ath-of-112k-is-the-2025-altseason-here-experts-insights\/","title":{"rendered":"Bitcoin Price Hits New ATH of $112k: Is the 2025 Altseason Here? Experts\u2019 Insights\u00a0"},"content":{"rendered":"
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Bitcoin (BTC) price has recorded a new all-time high (ATH) of about $112,000 on several cryptocurrency exchanges, led by Binance. The flagship coin surged over 2 percent in the past 24 hours, thus rallying above the former ATH of about $111,814, which was recorded on May 22, 2025.<\/p>\n

According to aggregate data from CoinMarketCap, Bitcoin\u2019s market cap rallied above $2.2 trillion and its daily average traded volume rose 23.7 percent to hover around $53.7 billion on Wednesday, during the mid-North American trading session. Consequently, BTC is now the fifth most valuable asset after surpassing Alphabet (Google), which has a market cap of about $2.15 trillion.<\/p>\n

Top Reasons Why Bitcoin Price Rallied Today<\/h2>\n

As Coinpedia has reported in the recent past, BTC price<\/a> has remained stagnant amid heightened demand from institutional investors and notable crypto regulatory clarity. For instance, the U.S. spot Bitcoin ETFs have recorded more than $13 billion in net cash inflows in the past four months, led by BlackRock\u2019s IBIT and Fidelity\u2019s FBTC.<\/p>\n

According to market data from Santiment, Bitcoin price experienced bullish sentiment today fueled by consistent retail boredom and FUD. Moreover, BTC price has experienced a significant psychological resistance level around $109k amid the resurgence of U.S.-led tariff wars and geopolitical tensions.<\/p>\n

\"BTC<\/figure>\n

What Next?<\/h2>\n

The BTC price<\/a> rally today impacted the wider altcoin market led by Ethereum (ETH), XRP, and Solana (SOL). Following the sudden BTC price pump in the past 24 hours, more than $496 million was liquidated, with the majority involving short traders.<\/p>\n

Consequently, the odds of a short squeeze significantly increased, which could further fuel bullish sentiment in the coming days and possibly weeks. According<\/a> to James Seyffart, an ETF and crypto reporter at Bloomberg, the altseason 2025 could have started with a BTC price pump towards a new ATH.<\/p>\n<\/div>\n

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\n Steve Muchoki<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin (BTC) price has recorded a new all-time high (ATH) of about $112,000 on several cryptocurrency exchanges, led by Binance. The flagship coin surged over 2 percent in the past 24 hours, thus rallying above the former ATH of about $111,814, which was recorded on May 22, 2025. According to aggregate data from CoinMarketCap, Bitcoin\u2019s<\/p>\n","protected":false},"author":1,"featured_media":861481,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,4759],"tags":[],"class_list":["post-861480","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","category-price"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/861480","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=861480"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/861480\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/861481"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=861480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=861480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=861480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}