On the night of July 9 to 10, 2025, the price of Bitcoin reached a new historic high of $111,999. Over the past day, the price of the first cryptocurrency increased by 3.3%, marking another record for the digital asset market.
This is reported by Finway
Market Dynamics and Capitalization
After reaching its peak, at the time of writing, the Bitcoin price corrected to $110,988. Over the week, the price rose by 5.4%. The market capitalization of Bitcoin remains high, exceeding $2.02 trillion. For comparison, the previous historic high was recorded on May 21, 2025, when Bitcoin surpassed the $111,800 mark.
“On the night of July 9 to 10, 2025, Bitcoin set a new all-time high (ATH), reaching a momentary level of $111,999. Over the day, the price of the first cryptocurrency increased by 3.3%, according to TradingView.”
Growth Factors and Liquidations in the Market
According to analysts, the new record for Bitcoin’s price was made possible by several factors. In particular, the significant weakening of the US dollar has boosted demand for cryptocurrencies, while the challenging situation in the global financial system is also pushing investors towards digital assets. Increased interest from institutional investors plays an important role as well: from June 30 to July 3, 2025, the net inflow of funds into spot Bitcoin and Ethereum ETFs reached $988.79 million, marking the fourth consecutive “green” week for Bitcoin and the eighth for Ethereum.
At the same time, over the past day, the volume of liquidations in the digital asset market exceeded $491 million. The majority of the losses were attributed to short positions—over $432 million—while traders with long positions lost about $59 million.
As a reminder, earlier, Strategy reported over $14 billion in unrealized profits in the second quarter of 2024.