Bitcoin Reaches New All-Time High
On July 11 and 12, 2025, Bitcoin reached a new all-time high of over $118,000, marking an impressive rally that significantly exceeds the previous peak. This record chase was largely driven by strong institutional demand, particularly through massive inflows into spot Bitcoin ETFs: alone on Thursday, approximately $1.18 billion flowed into these products, marking the second-largest daily inflow since their introduction in January.
Institutional Demand and Short Liquidations
The rally also led to significant short liquidations in the Bitcoin market, with over $636 million of short positions being liquidated. Analysts see this as a structural shift towards broader acceptance of Bitcoin as a long-term store of value and improved access for institutional investors following the approval of ETFs.
Ethereum on the Rise
Alongside the Bitcoin rally, Ethereum also rose sharply, surpassing the $3,000 mark for the first time again, with a price increase of about 8.5 percent within a short period. This shows a broad upward movement in the cryptocurrency market.
Significance for Investors
In summary, these developments are particularly significant for investors:
- Bitcoin reaches a new all-time high of over $118,000.
- Massive institutional investments are driving the market.
- Spot Bitcoin ETFs are providing high capital inflows.
- Ethereum also benefits significantly from the positive market environment.
These factors suggest an increasing influence of large investors and could further boost cryptocurrencies.