Bitcoin recorded a new all-time high of 118,463.10 USD this morning, confirming its position as the world’s most valuable cryptocurrency. This breakthrough growth is the result of several key factors converging to transform bitcoin from an experimental asset into a legitimate investment tool for institutions and governments.
Institutional Bitcoin Investments Reach Record Values
BlackRock’s bitcoin ETF exceeded all expectations. The fund, managing over 52 billion USD, now generates higher revenue for BlackRock than their legendary S&P 500 ETF, despite being nine times smaller.
Key figures for bitcoin investments in 2025:
- May: BlackRock ETF attracted a record 6.35 billion USD
- Total: Bitcoin ETF funds absorbed over 70 billion USD
- Currently: 13 consecutive days of inflows
More than 140 publicly traded companies hold bitcoin in their treasuries. MicroStrategy owns nearly 600,000 bitcoins worth 64 billion USD, exceeding the state reserves of many countries.
Just under two months ago, we wrote about the historic moment when bitcoin first surpassed the 111,000 USD threshold – on May 22th, it was a breakthrough milestone. Today we see that was only the beginning of a much larger transformation.
Trump’s Strategic Bitcoin Reserve Changes the Game
The most significant political move in cryptocurrency history came in March. Donald Trump established the Strategic Bitcoin Reserve of the USA – for the first time, a major world power officially designated bitcoin as a strategic reserve asset.
Key aspects of America’s bitcoin strategy:
- 200,000 BTC worth 23.6 billion USD at current prices
- Sales prohibition from the strategic reserve
- Authorization for additional purchases through the Treasury Department
This precedent creates a domino effect globally. Poland, Brazil, and Japan are discussing similar steps, strengthening bitcoin as “digital gold of the 21st century.”
How Macroeconomic Factors Influence Bitcoin Price
Jerome Powell admitted that the Fed would have already lowered interest rates if not for concerns about Trump’s tariffs. Maintaining rates at 4.25-4.50% creates, according to analysts, favorable conditions for alternative assets including bitcoin.
Current trends:
- Dollar weakening due to trade uncertainty
- Inflation expectations above 3% (Fed wants 2%)
- Shift toward alternative assets
- Geopolitical uncertainty strengthening safe haven demand
After the halving, bitcoin became twice as scarce as gold. Only 450 new bitcoins are created daily, while major investors demand more than 1,000 BTC daily.
Cryptocurrency Regulation Strengthens Investor Confidence
December 30th saw the EU launch fully operational MiCA regulation – the first harmonized framework for cryptocurrencies across all 27 member states. The SEC approved the first multi-token crypto ETF from Grayscale.
The US Congress declared July 14th “Crypto Week” with voting on three crucial laws. The Trump administration dissolved the National Cryptocurrency Enforcement Team and allowed banks to engage in cryptocurrencies without prior approval.
Technical Analysis of Bitcoin Price and Future Outlook
Bitcoin broke through several key barriers:
- 115,000 USD – technical analysis target
- 117,000 USD – level of strong resistance
- 118,463 USD – new all-time high
Trading volumes exploded to 99 billion USD per day, with short position liquidations worth 200 million USD. This domino effect amplified the price movement.
New technical levels:
- Primary support: 108-110 thousand USD
- Nearest resistance: 120-125 thousand USD
Broader Crypto Market Responds Positively
Bitcoin’s growth drives the entire cryptocurrency ecosystem. Ethereum rose 6.9%, Solana 12.5%, and meme coins like Dogecoin over 10%. Total cryptocurrency market capitalization reached 3.63 trillion USD.
Analytical Views on Bitcoin’s Future Development
Short-term analyst perspectives:
- Analysts monitor levels of 125-130 thousand USD with continuation of current trends
- Attention focuses on market reaction at the 120 thousand USD level
Long-term analyst estimates: Some analysts mention potential target prices of 150-200 thousand USD by year-end, while highlighting the dependence of these scenarios on continued ETF inflows and further institutional adoption.
Bitcoin is gradually changing from an experimental asset into a seriously perceived investment tool. The combination of major investor interest, government support, and clear regulations suggests the possibility that current high prices could represent a new normal level, although volatility remains a significant factor.
