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Home CRYPTO BITCOIN

Bitcoin Smashes Records as Wall Street Shrugs Off Warnings

by Sham
July 10, 2025
in BITCOIN, CRYPTO, FINANCE, OPINION
Reading Time: 2 mins read
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  • Bitcoin hit an all-time high just shy of $112K, fueled by institutional interest and political tailwinds.
  • Trump’s pro-crypto push, including a planned ETF by his media group, is opening new capital channels.
  • The rally isn’t just bitcoin—ether, Coinbase, and MicroStrategy all saw solid gains too.

Bitcoin rocketed to a fresh all-time high of $112,700, driven by a wave of institutional demand and broader risk-on sentiment. The surge reflects growing confidence from traditional finance players, who are increasingly warming up to the world’s top cryptocurrency.

BREAKING: BITCOIN $BTC HITS NEW ALL TIME HIGH TWO DAYS IN A ROW pic.twitter.com/vUWkBtdX5K

— BlockNews (@blocknewsdotcom) July 10, 2025

Since January, BTC has jumped more than 18%, gaining serious traction as capital from Wall Street and asset managers continues flowing in.

Anthony Pompliano, CEO of Professional Capital Management, framed it bluntly: “Bitcoin becomes less risky as it grows larger.” He noted that few major investors considered BTC when its market cap sat around $100–200 billion. Now, with valuations in the trillions, allocators across the globe are finally onboard.

Trump Policy Boosts Crypto Confidence

Fueling the rally is the Trump administration’s increasingly pro-crypto stance. On Tuesday, a filing revealed that Trump Media & Technology Group, run by the president’s family, intends to launch a multi-crypto ETF. The fund would include exposure to Bitcoin, Ether, Solana, and Ripple — a sign that mainstream adoption is ramping up fast.

This momentum helped push Ether (ETH) to a one-month high of $2,794.95. ETH was last seen at $2,740.99, up 5.4% on the day. The broader altcoin space mirrored Bitcoin’s move, riding the wave of bullish sentiment.

Bitcoin's risk-reward is in a league of its own.

No other asset can compare. pic.twitter.com/IuL9RYORSF

— Anthony Pompliano 🌪 (@APompliano) July 10, 2025

Crypto Stocks Ride the Momentum

Even as markets keep an eye on geopolitical tensions and tariffs proposed by Trump, Wall Street showed no signs of panic. Instead, equity indexes hit record highs — underscoring how crypto is increasingly seen as part of the mainstream financial ecosystem.

Tags: Anthony PomplianoBitcoincryptocrypto ETFethereum
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