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 Bitcoin briefly touched a new record high of $112,152. The

Asim Malick

Updated at: 8 hours ago

{"content":" Bitcoin briefly touched a new record high of $112,152. The breakthrough surpassed the previous all-time high of $112,000 set in May, marking a 20% year-to-date gain. Treasury Secretary Scott Bessent confirmed tariffs will take effect August 1, easing market volatility concerns. Short liquidations totaling $200 million accelerated the breakout near critical overhead resistance levels. Elon Musk announced his "America Party" will support Bitcoin over the weekend, adding institutional momentum. Corporate adoption continues following Strategy's lead, with multiple companies beginning Bitcoin accumulation strategies. The rally reflects growing global investor demand for risk assets amid policy clarity from the Trump administration. #BTC #BinanceSquareTalks ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/09/8af20ee177ba1699ac62363af0f57f46.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}

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