- Bitcoin hit a new all-time high of $111,861, climbing over 8% in the past week.
- Nearly $230M in BTC positions were liquidated in 24 hours as volatility spiked.
- A $5,000 investment in BTC a year ago would now be worth around $7,933—up 59%.
Bitcoin is back in beast mode. The world’s biggest crypto hit a fresh all-time high of $111,861—and yeah, the entire market’s celebrating. It’s been a wild ride lately, but BTC’s volatility finally worked in favor of investors. Just last month, the coin was chilling around $74K. Fast forward to now? Big difference.
This spike isn’t just another number. For holders, especially those who’ve stuck around since last year, it’s a full-circle win. And if you threw some cash into BTC around May 2024? You’re probably smiling right now.
BTC Stays Hot, Even After Small Cool-Off
Over the past 24 hours, Bitcoin climbed 3.17%, landing near $111,020 at the time of writing. That’s only 0.46% off the new peak—a teeny dip that most are calling just a healthy correction.
Zooming out, the last week’s been bullish across the board, with BTC jumping 8.34%. It’s not just price action that’s been spiking either. The volatility has triggered a wave of liquidations—Coinglass reports nearly $230 million wiped from the BTC market in a single day. That includes around $178M in shorts and about $52M in longs. The price moves have been that sharp.
What If You Bought Bitcoin a Year Ago?
Let’s say you dropped $5,000 into BTC exactly a year ago, back when it was trading at $70,195. Today, with Bitcoin sitting around $111,407, that investment would be worth roughly $7,933. That’s a 59% gain in just twelve months.
And of course, if you’d gone in heavier—well, do the math. It’s one of those “wish I had” moments for many. The takeaway? Even through the chaos, time in the market often beats timing the market.
