Bitcoin has hit a new all-time high, climbing above $113,000 for the first time during trading on July 10, 2025, according to data from CoinDesk. The cryptocurrency peaked at $113,313, marking a 3.7% increase in 24 hours.
This latest surge comes amid strong investor interest, particularly from institutions. Inflows into Bitcoin exchange-traded funds (ETFs), along with increasing adoption by major companies and a more favorable regulatory climate, are credited with fueling the rally.
Expert Outlook Remains Bullish
Market analysts are optimistic about Bitcoin’s future performance. Gerry O’Shea, head of global market insights at crypto investment firm Hashdex, believes Bitcoin could reach $140,000 by the end of 2025, driven by new platforms that make it easier for institutions to invest.
Some long-term forecasts are even more ambitious, with certain analysts predicting that Bitcoin could reach $1 million per coin by 2030 as adoption grows and the crypto market matures.
Broader Crypto Market Follows Bitcoin’s Lead
Bitcoin’s rise also lifted the broader cryptocurrency market. Ethereum’s ether rose over 5%, surpassing $2,800, while other major altcoins posted gains. The rally reflects renewed investor confidence across digital assets after a volatile period earlier this year.
A Milestone for the Crypto Industry
This new milestone highlights Bitcoin’s continued growth and increasing integration into mainstream finance. With strong institutional backing and clearer regulations, many experts say digital assets could play a bigger role in global markets in the years ahead.
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