{"id":863495,"date":"2025-07-19T02:12:03","date_gmt":"2025-07-19T07:12:03","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/07\/19\/bitcoin-hits-111k-sets-new-all-time-high-but-analysts-say-it-aint-done-yet\/"},"modified":"2025-07-19T02:12:03","modified_gmt":"2025-07-19T07:12:03","slug":"bitcoin-hits-111k-sets-new-all-time-high-but-analysts-say-it-aint-done-yet","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/07\/19\/bitcoin-hits-111k-sets-new-all-time-high-but-analysts-say-it-aint-done-yet\/","title":{"rendered":"Bitcoin Hits $111k, Sets New All-Time High, But Analysts Say It Ain\u2019t Done Yet"},"content":{"rendered":"<p>Bitcoins <\/p>\n<div>\n<div id=\"blockquote-block_150908cc4a0ac2b78266169cd6ac36bb\">\n<ul>\n<li>Bitcoin reached new all-time highs of US$111,970 despite Trump\u2019s tariff shocks and US credit downgrades from three rating agencies.<\/li>\n<li>Institutional demand drives growth with US$3.1 billion in ETF inflows over two weeks, while MicroStrategy continues buying at premium prices.<\/li>\n<li>Retail investors remain notably absent from this rally, with Google search data and low funding rates showing minimal retail participation.<\/li>\n<li>The crypto industry faces credibility issues with retail investors who view it as dominated by whales and self-interested leaders rather than serving ordinary people.<\/li>\n<\/ul>\n<\/div>\n<p>It\u2019s been a wild few weeks. Trump\u2019s tariff shocked everyone and (almost) every country, while the US itself got a downgrade not from one,<a href=\"https:\/\/cryptonews.com.au\/news\/moodys-downgrades-us-crypto-reacts-mostly-positive-as-btc-reaches-106k-129066\/\"> but three rating agencies<\/a>.<\/p>\n<p>And yet,<a href=\"https:\/\/cryptonews.com.au\/category\/bitcoin\/\"> Bitcoin<\/a> has made new all-time highs (ATHs) even after hitting a high of US$109,767 (AU$170,528) yesterday. It wasn\u2019t done, though, reaching US$111,970 (AU$173,970) in the early hours of Friday, 23 May 2025, Australian Time.<\/p>\n<p>Analysts say Bitcoin is just getting started and could go much higher. First, Bitcoin bull Michael Saylor has<a href=\"https:\/\/cryptonews.com.au\/news\/saylors-new-btc-buying-strategy-metaplanet-doubles-and-happy-bitcoin-pizza-day-129157\/\"> bought more BTC<\/a> despite the premium price; second, US spot Bitcoin exchange-traded funds (ETFs) continue to add to their holdings.<\/p>\n<p>Over the past two weeks, US$3.1 billion (AU$4.8 billion) has entered the ETFs in net inflows, with the most recent trading day seeing net flows of US$934.8 million (AU$1.2 billion) alone.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXcGkxsQnOgQulx2PnG8KX-yJ0BmmaZ-3DyLLeeb6lJA-C7ZJwv4aT2Fikxg2RncuvLgLZ7a2T20tGDgPnSB4GqgKLiQEJdb73Ka2tQNXuIKaBjI2nN-jEKrXpueS_6ia36ffh9K?key=K1e_3JvtegKSookeEUpC6g\" alt data-eio=\"l\" data-old-src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\"><figcaption>ETF flows over the past fortnight (source: Farside)<\/figcaption><\/figure>\n<p><strong>Related:<\/strong><a href=\"https:\/\/cryptonews.com.au\/news\/cetus-dex-freezes-162-million-after-220-million-sui-hack-129159\/\"><strong> <\/strong><strong>Cetus DEX Freezes $162 Million After $220 Million Sui Hack<\/strong><\/a><\/p>\n<h2 id=\"h-where-s-retail\">Where\u2019s Retail?<\/h2>\n<p>Despite strong institutional interest, average retail investors are (quite literally) simply not buying it. Many were traumatised by the FTX and Luna collapses, when they bought at the top.<\/p>\n<p>At that time, many new investors entered the market and have since remained on the sidelines \u2013 unable to enjoy today\u2019s rally, especially as the current president, despite being pro-crypto, appears more interested in<a href=\"https:\/\/cryptonews.com.au\/news\/trump-token-4-8m-dinner-guests-revealed-plus-a-new-trump-family-btc-mining-deal-128993\/\"> lining his own pockets<\/a>.<\/p>\n<p>Alex Kr\u00fcger, trader and economist, <a href=\"https:\/\/x.com\/krugermacro\/status\/1925452946524741700\">noted<\/a> that \u201cthis is the least euphoric new all-time highs\u201d for Bitcoin, with \u201cbaseline or below\u201d funding rates on most exchanges.<\/p>\n<p>This and data from Google Search and Google Trends show that retail is absent, with little interest in Bitcoin and Co right now.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXcdRGMfOGc77XCCkdNOnkPk0QRuCGLZ4rj9ik24sSzXtKfPWfn7vwGC6SpDRJC6Xcm7um-h7pWoWICqj2ThgTFQ8I-zIS_jrHjEDFtxKdOq7xBAcEbOFW1PbMtC004-qHsWv222Tw?key=K1e_3JvtegKSookeEUpC6g\" alt data-eio=\"l\" data-old-src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\"><figcaption>Interest in Bitcoin has been decreasing since Trump\u2019s election (source: Google Trends)<\/figcaption><\/figure>\n<h2 id=\"h-crypto-has-some-work-to-do-to-regain-street-cred-with-retail-investors\">Crypto Has Some Work to Do to Regain Street Cred with Retail Investors<\/h2>\n<p>Author and Forbes Contributor Professor Tonya M. Evans said this isn\u2019t a surprise at all. According to her, retail interest in Bitcoin isn\u2019t just fading \u2013 it\u2019s turning hostile. People feel disconnected from the industry she said, which they see as dominated by headlines, FUD, scams, whales and self-interested leaders, rather than serving \u201cthe people\u201d.<\/p>\n<p>As a result, especially in disenfranchised communities who could benefit most, Bitcoin\u2019s infrastructure feels like an old system on \u201cdigital steroids\u201d, not a genuine people\u2019s currency, Evans wrote.<\/p>\n<figure>\n<div>\n<blockquote data-width=\"500\" data-dnt=\"true\">\n<div lang=\"en\" dir=\"ltr\">\n<p>This isn\u2019t surprising. I\u2019ve been thinking about the downward trend in retail interest. Not just apathy, but anger. I think the \u201cindustry\u201d doesn\u2019t equal the PEOPLE. The people don\u2019t believe bitcoin is \u201cThe People\u2019s money\u201d. And why should they?<\/p>\n<p>The headlines? The FUD? The scams?\u2026 <a href=\"https:\/\/t.co\/CcZi44vfB6\">https:\/\/t.co\/CcZi44vfB6<\/a><\/p>\n<\/div>\n<p>\u2014 Prof. Tonya M. Evans | #CEOofME (@IPProfEvans) <a href=\"https:\/\/twitter.com\/IPProfEvans\/status\/1925383348257440250?ref_src=twsrc%5Etfw\">May 22, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>On the positive side, analyst PlanC said on Crypto Twitter that the current growth rate is steady rather than explosively upward, implying that institutions will continue to drive Bitcoin\u2019s advance until retail investors re-engage.<\/p>\n<figure>\n<div>\n<blockquote data-width=\"500\" data-dnt=\"true\">\n<div lang=\"en\" dir=\"ltr\">\n<p>Such a healthy bull market so far.<\/p>\n<p>I\u2019m cheering for slow and steady growth, building support along the way.<\/p>\n<p>But Bitcoin has a mind of its own and does what it wants.<\/p>\n<\/div>\n<p>\u2014 PlanC (@TheRealPlanC) <a href=\"https:\/\/twitter.com\/TheRealPlanC\/status\/1925409448081653910?ref_src=twsrc%5Etfw\">May 22, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p><strong>Read more:<\/strong><a href=\"https:\/\/cryptonews.com.au\/news\/genius-act-anti-corruption-amendment-planned-to-foil-trump-stablecoin-profiteering-129162\/\"> <strong>GENIUS Act Anti-Corruption Amendment Planned to Foil Trump Stablecoin Profiteering<\/strong><\/a><\/p>\n<\/p><\/div>\n<p> Aaron Feuerstein <a href=\"https:\/\/cryptonews.com.au\/news\/bitcoin-hits-111k-sets-new-all-time-high-but-analysts-say-it-aint-done-yet-129164\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin reached new all-time highs of US$111,970 despite Trump\u2019s tariff shocks and US credit downgrades from three rating agencies. Institutional demand drives growth with US$3.1 billion in ETF inflows over two weeks, while MicroStrategy continues buying at premium prices. Retail investors remain notably absent from this rally, with Google search data and low funding rates<\/p>\n","protected":false},"author":1,"featured_media":863496,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24053,4041],"tags":[11476],"class_list":["post-863495","post","type-post","status-publish","format-standard","has-post-thumbnail","category-all-time","category-bitcoin","tag-bitcoins"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/863495","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=863495"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/863495\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/863496"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=863495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=863495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=863495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}