Bitcoin reaches all-time highs
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Bitcoin, cryptocurrency
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Fueled by Trump’s pressure on the Fed and a tidal wave of investor optimism, the world’s most famous cryptocurrency is on an unstoppable run.
Bitcoin surpasses $118K as whales stay quiet and exchange inflows fall to decade lows, signaling low pressure.
Bitcoin reached a fresh, all-time high above $116,000 on Thursday, July 10, a development that one analyst highlighted as a clear sign of rapid evolution.
Bitcoin is heading toward $134,500 after breaking out to new highs, according to Katie Stockton, founder and managing partner at Fairlead Strategies. The technical setup of bitcoin suggests strong short-term momentum,
Bitcoin treasury companies are becoming a dominant force in the crypto market, while more spot crypto ETFs and crypto-related IPOs are also right around the corner.
MicroCloud Hologram (NASDAQ:HOLO) has invested up to $200 million in Bitcoin and cryptocurrency-related securities derivatives, generating a cumulative investment income of $34.02 million as of July 11.
More than $560 million in crypto positions—mostly shorts—were liquidated in just one hour, with Bitcoin alone accounting for $425 million. A textbook short squeeze is unfolding as BTC rockets past $116,
Spot Bitcoin ETFs have now surpassed $50 billion in cumulative net inflows, less than two years since their debut in January 2024.
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