US EditionBitcoin hits record high just shy of $112,000
UNITED STATES, JUL 12 – Bitcoin’s surge above $112,000 was fueled by a rally in Nvidia-led equities and public companies buying more Bitcoin than ETFs, with BTC up 20% this year, analysts said.
- Bitcoin reached a new all-time high just above $112,000 in mid-May 2025, primarily on U.S. markets and backed by strong institutional demand.
- This surge followed growing trust in Bitcoin as a reserve asset, fueled by corporate treasury conversions and institutional endorsements, marking a structural shift in market psychology.
- Additional factors included a rally led by Nvidia’s $4 trillion market cap milestone, rising Bitcoin ETF inflows exceeding $75 million, and a 6.46% jump in Bitcoin open interest within 24 hours.
- Data showed Bitcoin trading near $111,000 while its trading volume increased over 38%, and Santiment noted the breakout followed panic selling by some retail investors.
- This record high suggests Bitcoin's transition to an essential holding as long-term investor wallets hit record levels, and it signals amplified appetite amid macroeconomic instability and advancing crypto legislation.
Insights by Ground AI
Does this summary seem wrong?
84 Articles
84 Articles
NBC San DiegoReposted by 
NBC Connecticut
NBC ConnecticutBitcoin rises to fresh record above $112,000, helped by Nvidia-led tech ...
·San Diego, United States
Read Full Article
Its price increased by 6 percent in one day.
Bitcoin has climbed to a record high, helped by demand from institutional investors and the cryptocurrency-friendly policies of US President Donald Trump's administration.
·Ljubljana, Slovenia
Read Full Article
The cryptocurrency Bitcoin recorded a significant increase within a short time and now stands at more than 116,000 dollars. This is also due to Donald Trump's policy.
·Germany
Read Full ArticleCoverage Details
Total News Sources84
Leaning Left12Leaning Right7Center16Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 34%
C 46%
R 20%
Factuality
To view factuality data please Upgrade to Premium
