Bitcoin Poised for New All-Time High as Market Sentiment Imp
Lizon Anwar
Updated at: 7 hours ago
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Bitcoin is edging closer to establishing a new all-time high (ATH) of $112,000 as of July 10, reflecting renewed optimism in the cryptocurrency market following the recent volatility linked to President Donald Trump's tariff policy.
The flagship digital asset previously reached its peak of $111,970.17 on May 22 but has since experienced fluctuations. On July 10, Bitcoin’s value dipped to $108,357.68 before recovering to approximately $111,925. While the price briefly exceeded its previous ATH during intraday trading, it has yet to achieve a daily close above that level—meaning the milestone has not been officially confirmed.
Introduced in a 2008 white paper by its pseudonymous creator, Satoshi Nakamoto, Bitcoin was launched in 2009 as the world’s first decentralized digital currency. As of now, Bitcoin remains the largest cryptocurrency by market capitalization, valued at $2.18 trillion. It represents nearly 65% of the total cryptocurrency market cap, which currently stands at approximately $3.4 trillion.
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