Bitcoin BTC ATH All Time High. The coin has the highest price ever. Polygonal blue background.
Bitcoin (BTC) reached a new all-time high of $112,040 on July 9, edging above the previous intraday peak of $111,917.37 recorded on May 22, TradingView data shows. The breakout arrived hours after President Donald Trump dispatched formal tariff letters to seven nations, unveiling duties of up to 30% that take effect Aug. 1. According to CryptoSlate data, Bitcoin was trading at $111,238 as of press time, up 2.4% over the past day.
Jag Kooner, head of derivatives at Bitfinex, said the tariff headline would usually spark “equity weakness, dollar strength and softer yields,” but argued that crypto now enjoys structural buffers unavailable in prior cycles. He added in a note: “Spot-ETF inflows and the sovereign-hedge narrative mean any policy-driven dollar move can feed back into crypto rates positively.” Kooner also said that Bitcoin may “dip initially alongside equities,” yet the presence of regulated funds positions the asset for “greater upside when bullish catalysts align.”
Farside Investors recorded $75.3 million of net inflows into US spot Bitcoin ETFs on July 8, lifting cumulative inflows to $49.9 billion since January. The products have absorbed an average $134 million per trading day this quarter, reinforcing what Kooner called a “structural ETF support” floor. The US Dollar Index has fallen more than 14% year-to-date, giving what Kooner described as “some overdue relief” that can amplify crypto moves when capital seeks non-sovereign stores of value. Market desks now watch July’s consumer price print and a Senate vote on the GENIUS Act for confirmation that liquidity conditions will stay benign.
Bitcoin spent nearly seven weeks consolidating between $105,000 and $110,500 before piercing the upper boundary. Kooner flags $105,000–$108,000 as the nearest “refresh” support zone should a macro shock emerge, while a clean close above $112,000 on the daily chart “confirms the up-trend on lower timeframes.” Options positioning echoes that view. Chicago Mercantile Exchange data indicate that open interest is skewed toward the $115,000 and $120,000 July calls, while put activity clusters at $100,000. Traders attribute the bullish skew to advisers hedging against potential downside for ETF inflow scenarios that accelerate whenever macroeconomic news weakens the dollar.
Stablecoin giant Tether has dramatically escalated its enforcement activity after blacklisting 370 blockchain addresses and freezing approximately $514.64 million worth…
Crypto exchange giant Coinbase experienced a major service outage that disrupted trading, transfers, and exchange operations after…
Cross-chain messaging protocol LayerZero has publicly apologized for its handling of the massive Kelp DAO exploitthat drained approximately $292…
Executives from PayPal and Google Cloud said the future of “agentic commerce” — where AI agents autonomously buy goods,…
Crypto exchange giant Kraken is making a major move deeper into the U.S. financial system after its…
A major national security scandal has erupted in Taiwan after prosecutors indicted a Taiwanese news…