Bitcoin updated its historical maximum, reaching the level of $111,999
Kyiv • UNN
On the night of July 9-10, 2025, Bitcoin reached a new historical maximum of $111,999, increasing by 3.3% per day. The cryptocurrency's market capitalization is $2.02 trillion, and the growth is attributed to the weakening dollar and demand from institutional investors.
On the night of July 9-10, 2025, Bitcoin updated its all-time high, at one point reaching $111,999. Over the day, the price of the first cryptocurrency increased by 3.3%, reports UNN with reference to TradingView.
Details
Over the past week, Bitcoin's price growth was 5.4%. At the same time, the cryptocurrency's market capitalization remains at $2.02 trillion.
Bitcoin set its previous record on May 21, when the price rose above $111,800. Some experts believe that the difficult situation in the global financial system contributes to Bitcoin's growth. In particular, the significant weakening of the US dollar plays a major role.
In addition, demand for digital assets from institutional investors also has a certain impact. Thus, in the period from June 30 to July 3, 2025, the net capital inflow into spot Bitcoin and Ethereum ETFs amounted to $988.79 million.
Recall
From two Bitcoin wallets that had been inactive for 14 years, 20,000 BTC worth $2.18 billion were transferred on July 4. These coins were purchased in 2011 for $0.78, and now this is potentially a significant profit.
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