After four months, Bitcoin hits a new record — price reaches this much

Bitcoin Hits New Record High After Four Months – Price Surges Past $109,000

Bitcoin set a new record on Wednesday, reaching an all-time high for the first time since January 2025.

The surge in Bitcoin’s value is largely attributed to the resolution of recent tariff disputes.

On Wednesday, Bitcoin— the world’s largest cryptocurrency — jumped by 2% in a single day, hitting a high of $109,481.83.

It’s worth noting that Bitcoin often behaves like tech stocks, showing similar levels of volatility.

Compared to April 2025, the Nasdaq has seen a 30% rise, and a weakening U.S. dollar has also contributed to Bitcoin’s recent upward momentum.

Bitcoin Market Cap and ETF Impact

According to CoinSwitch, Bitcoin’s recent rally marks its highest level since January. This surge is driven in part by a 10.65% increase in BTC futures open interest, reaching $74.35 billion — with Binance alone contributing $12.28 billion.

U.S. spot Bitcoin ETFs also recorded a $41.7 million net inflow on Tuesday, continuing a five-day streak of positive flows.

Bitcoin’s current market capitalization stands at $2.12 trillion, with a 24-hour trading volume of $50.38 billion.

Despite a slight dip in volume, the market is showing signs of bullish momentum, suggesting a decline in bearish sentiment, according to CoinDCX’s research team.

Altcoins on the Rise: Ethereum, Solana, Litecoin, and Cardino.

Bitcoin hit a new all-time high of $109,481.83, its first record since January 2025.

The surge is attributed to easing global tariff tensions and a weaker U.S. dollar.

Bitcoin saw a 2% increase in a single day, reflecting renewed investor confidence.

The cryptocurrency often mirrors tech stock behavior, showing similar volatility.

Bitcoin’s market capitalization has reached $2.12 trillion, with $50.38 billion in daily trading volume.

BTC futures open interest rose by 10.65% to $74.35 billion, with Binance contributing $12.28 billion.

U.S. spot Bitcoin ETFs recorded $41.7 million in net inflows on Tuesday, maintaining a five-day positive streak.

Ethereum, Solana, Litecoin, and Cardano also experienced gains, with Ethereum rising 0.30% to $2,564.52.

Ethereum has outperformed Bitcoin in the past month, climbing nearly 60%.

Analysts suggest Bitcoin could reach $112,000 if it breaks the resistance level at $109,500.

Major altcoins are also gaining momentum. Ethereum rose by 0.30% to $2,564.52, while XRP climbed to $2.37. Ethereum, in particular, has outperformed Bitcoin over the past month.

According to ET, Satvik Vishwanath, Co-founder and CEO of Unocoin, noted that Bitcoin is consolidating around $107,000, with strong support at $98,000 and key resistance at $109,500.

If Bitcoin breaks through this resistance, the next target could be $112,000.

Meanwhile, Ethereum has surged nearly 60% in the past month, outperforming Bitcoin.

FAQs

What caused the recent surge in Bitcoin prices?

The surge is mainly driven by easing global tariff disputes, a weakening U.S. dollar, and increased institutional interest through Bitcoin ETFs.

When did Bitcoin last hit an all-time high?

Bitcoin reached its previous all-time high in January 2025. The latest record surpasses that level.

What is Bitcoin’s current price?

As of the recent update, Bitcoin has reached a high of $109,481.83.

How is the U.S. dollar affecting Bitcoin?

A weaker U.S. dollar makes Bitcoin more attractive as an alternative store of value, encouraging higher demand.

What is Bitcoin’s current market cap?

Bitcoin’s market capitalization is around $2.12 trillion.

What is the impact of Bitcoin ETFs on the market?

U.S. spot Bitcoin ETFs have shown consistent net inflows, indicating growing institutional interest and confidence in Bitcoin.

Is Ethereum also gaining value?

Yes, Ethereum has also seen growth, rising 0.30% recently and outperforming Bitcoin over the past month with a nearly 60% increase.

Are other cryptocurrencies performing well?

Yes, altcoins like Solana, Litecoin, Cardano, and XRP have also recorded gains in recent trading sessions.

Is this a good time to invest in Bitcoin?

While prices are high, market sentiment is bullish. However, investors should always consider risks and do thorough research before investing.

What are the next key levels for Bitcoin?

Analysts suggest Bitcoin has strong support at $98,000 and resistance at $109,500. If it breaks the resistance, it could target $112,000 next.