Bitcoin Hits Fresh Record – Experts Say It Could Hit $140K This Year
Bitcoin Hits $113,822 – A New Record in Just 24 Hours
Bitcoin is on fire. The world’s largest cryptocurrency just hit another all-time high, surging to $113,822 on Thursday around 2 p.m. ET.
That’s more than a 4% jump in a single day, and it comes just a day after Bitcoin briefly crossed the $112,000 mark.
With this latest move, Bitcoin is now up over 21% in 2025 alone—a strong start to what many believe could be a record-breaking year for crypto.
What’s Driving Bitcoin’s Sudden Surge
Bitcoin’s latest rally is happening during a broader “risk-on” shift in global markets. Investors have been shaking off fears of Donald Trump’s new tariff threats, and stock indexes are climbing again.
This change in mood has spilled over into crypto markets.
“Bitcoin likely picked up on positive ‘risk-on’ vibes from equities,” said David Morrison, senior market analyst at Trade Nation.
“This could mean more momentum building in the days ahead.”
While Morrison noted the gains have been steady, not dramatic, the consistent upward trend is seen as a sign of strong investor confidence.
Expert: Bitcoin Still Has Room to Grow
Gerry O’Shea, Head of Global Market Insights at Hashdex Asset Management, believes Bitcoin’s run is far from over.
“We believe the bull market is just heating up. With new institutional platforms offering access to BTC, we could see prices hit $140,000 or more this year,” O’Shea said.
This kind of institutional confidence has been a key trend in the past year—with more hedge funds, wealth managers, and even banks adopting Bitcoin as a real asset class.
Regulation in Focus: All Eyes on “Crypto Week” Starting July 14
Investors are also closely watching the upcoming “Crypto Week” in Washington, starting July 14, when lawmakers will debate several new bills targeting digital assets.
This could be a pivotal moment for the crypto industry.
Depending on what comes out of these sessions, Bitcoin could:
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Gain even more mainstream legitimacy, or
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Face new regulatory hurdles that slow its growth
Still, many in the crypto community are hopeful, especially since Trump has appointed several crypto-friendly officials and has signaled support for loosening regulations.
Year-to-Date Bitcoin Performance
| Date | Price | Key Event |
|---|---|---|
| Jan 1, 2025 | ~$93,800 | Bitcoin begins the year with strong momentum |
| July 10, 2025 | ~$112,000 | First all-time high in 2025 |
| July 11, 2025 | $113,822 | Second all-time high in 24 hours |
| YTD Growth | +21.3% | Reflects rising investor interest |
How Trump’s Tariffs Are Playing a Role
While tariffs usually spark fear across markets, this time they may have helped Bitcoin.
Earlier this week, President Trump reignited global tariff tensions, but investors seemed unfazed. Instead, they shifted their focus back to equities and riskier assets, including crypto.
Bitcoin’s price drop earlier this year was partly tied to uncertainty over Trump’s trade policies, but now, traders appear to have priced in those risks.
“Trump’s regulatory stance is helping Bitcoin, even if his trade talk causes some jitters,” said a crypto analyst on X (formerly Twitter).
Why Bitcoin Is Gaining Long-Term Confidence
Several reasons are contributing to Bitcoin’s rising momentum:
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Inflation hedging: Investors are still wary of inflation and see Bitcoin as digital gold.
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Institutional access: More platforms like BlackRock and Fidelity are making Bitcoin easier to buy.
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Geopolitical uncertainty: With elections, tariffs, and interest rate debates, people are turning to decentralized finance.
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Tech upgrades: Bitcoin’s network has continued to improve, with better scalability and transaction speed.
What’s Next for Bitcoin
While no one can predict the crypto market with certainty, analysts believe there’s still upside potential in 2025. Here’s what to watch:
Key Catalysts Ahead:
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Crypto Week legislation (July 14 onward)
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Q2 earnings from major U.S. firms
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Institutional fund launches involving BTC
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Potential U.S. interest rate shifts by the Fed
With Bitcoin already breaking records, some analysts now say $120,000 is within reach this quarter—and $140,000+ by year-end if momentum continues.
Bitcoin’s Rally in 2025 So Far
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Bitcoin just hit $113,822, a new record.
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This is the second all-time high in two days.
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BTC is up 21.3% since January 1, 2025.
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The rally is fueled by a risk-on market, Trump’s crypto-friendly policies, and institutional buying.
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Experts believe $140K BTC is possible by end of year.
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Lawmakers meet for Crypto Week starting July 14, which could shift momentum further.
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