Islamabad, July 10, 2025: Bitcoin all-time high was shattered again on Wednesday, with the world’s top cryptocurrency surging to $112,052.24. The rally, driven by strong tech stock performance and renewed risk appetite, marked a 1.9% jump before the market close, according to Coin Metrics.
The crypto spike followed a historic day for equities. Nvidia briefly crossed a $4 trillion market cap, lifting the Nasdaq Composite to a new record. Investors brushed aside political tariff noise and focused on growth sectors—pushing both tech and digital assets higher.
Despite a modest 2% gain over the last month, bitcoin’s breakout shows a shift in institutional strategies. Publicly traded companies are now buying more bitcoin directly than what flows into ETFs, signaling growing confidence in the asset’s long-term value.
Often dubbed “digital gold,” bitcoin tends to rise with risk-on market sentiment. As growth stocks surge, crypto often follows, riding the same wave of optimism.
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Looking ahead, analysts are bullish. With corporate treasuries set to increase bitcoin holdings and momentum building around U.S. crypto regulations, traders expect further gains.
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“Bitcoin could cross $120,000 next week,” said Ryan Gorman, Chief Strategy Officer at Uranium Digital. “The market is full of bullish bets, and sentiment is on fire ahead of crypto week in Washington.”
