BTC Hits a New All-time High of $118,403 as Institutional Appetite Grows

Twitter icon  •  Published il y a 5 heures on July 11, 2025  •  Hassan Maishera

Bitcoin has set a new all-time high of $118,403 a few minutes ago after rallying 6% as institutional demand continues to grow.

BTC Hits a New All-time High of $118,403 as Institutional Appetite Grows

TL;DR

  • Bitcoin has continued its rally and hit a new all-time high of $118,403 a few minutes ago.

  • The rally comes amid institutional growth as spot Bitcoin ETFs recorded an inflow of $1.2 billion in the last 24 hours.

Institutional Demand Pushes BTC to a New All-time High

The cryptocurrency market has been rallying over the last few days and now looks set to finish the week positively. Bitcoin, the leading cryptocurrency by market cap, is up by more than 6% in the last 24 hours and now trades above $118k. 

The rally saw BTC set a new all-time high of $118,403 a few minutes ago, with many analysts now expecting it to reach $120k over the coming days or weeks, with a prediction of $130k as BTC’s medium-term target. 

This latest milestone is fueled by increasing institutional demand for Bitcoin. Spot bitcoin ETFs recorded $1.18 billion in inflows on Thursday, marking their second-highest daily inflow since launch. 

In an email to Cryptowisser, Ruslan Lienkha, chief of markets, YouHodler (EU-based fintech platform), said a decisive breakout and sustained move above this level could trigger a sharp upward rally, potentially targeting the $130,000 range before entering a new consolidation phase at historically unprecedented levels.

“Furthermore, Bitcoin’s bullish structure is reinforced by tightening supply dynamics. A decreasing number of BTC on centralized exchanges indicates that long-term holders are accumulating, while institutional interest continues to grow. This demand-supply imbalance adds further upside pressure, particularly if macro conditions remain favorable.

However, near-term risks remain. One of the key headwinds could stem from an evolving political and economic backdrop, particularly regarding trade tensions. The recent re-escalation of tariff measures and the growing risk of a global trade war, particularly between the U.S. and China, could pose challenges for risk assets. Should these tensions intensify, equity markets may come under pressure, potentially dampening investor appetite for speculative assets such as cryptocurrencies. Under such conditions, BTC could fail to break decisively above resistance, prolonging its current consolidation phase below the $112,000 level,” he added.

Altcoins Surge Higher

Bitcoin’s rally is usually followed by altcoins performing positively, and this time is no different. Ether, the second-largest cryptocurrency by market cap, has crossed the $3k level after adding 7.6% to its value.

Cardano’s ADA is the best performer in the top 10, up 12% to hit the $0.700 mark, while Dogecoin is approaching $0.20 after rallying by 10% in the last 24 hours. Thanks to the ongoing rally, the total cryptocurrency market cap is now approaching $3.7 trillion.

 

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.