Bitcoin Achieves New All-Time High of $113,900 as Global Adoption Surges

Following a previous all-time high (ATH) of $112,000, Bitcoin has formally reached a brand-new ATH of $113,900, thus extending its bullish momentum that started with restored interest in late June. Remarkably, simply 18 days back, Bitcoin was trading at around $98,000. This most current ATH highlights a growing worldwide acknowledgment of Bitcoin as both a shop of worth and a tactical property.

In current developments, around $50 million worth of Bitcoin brief positions were liquidated within the previous couple of hours. Additionally, over $1.5 billion in Bitcoin brief positions are anticipated to be liquidated at a cost of $120,000, as reported by Coinglass. Should Bitcoin keep its upward trajectory, a significant brief capture could happen, engaging bearish traders to bought at raised costs, thus speeding up cost motions.

According to Polymarket, the biggest wagering platform internationally, there is an 80% possibility of Bitcoin reaching $115,000 by the end of July, and a 44% opportunity for it to struck $120,000.

In an interview with Bloomberg, Christopher Waller, a member of the Federal Reserve Board, suggested that rates of interest may be cut this month, possibly more moving Bitcoin’s cost up.

Former President Donald Trump has been vocally promoting for Federal Reserve Chair Jerome Powell to decrease rates of interest. Today, he commented on the increasing cost of Bitcoin on his Truth Social account, together with an observation that stock costs are also striking record highs. “CRYPTO, ‘Through the Roof,” the previous President specified. “FED SHOULD RAPIDLY LOWER RATE TO REFLECT THIS STRENGTH.”

Trump's post on his Truth Social account.

Furthermore, it was reported previously today that 99.85% of Bitcoin addresses are presently in earnings, with that figure reaching 100% as Bitcoin exceeded the brand-new all-time high of $113,900.

Since November 16, 2022, the federal government of El Salvador has been regularly obtaining Bitcoin for its treasury reserves. The nation has now built up over 6,233 BTC, valuing its reserves at more than $700 million following today’s cost boosts.

EL SALVADOR’S STRATEGIC BITCOIN RESERVE SMASHES THROUGH $700M USD WORTH pic.twitter.com/NBf1jVWUAk

— The Bitcoin Office (@bitcoinofficesv) July 10, 2025

This short article, entitled “Bitcoin Achieves New All-Time High of $113,900 as Global Adoption Surges,” was initially released in Bitcoin Magazine and authored by Oscar Zarraga Perez.

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