Bitcoin Blasts to New All-Time High Price Above $109,000

Bitcoin soared to a brand new document worth above $109,000 on Wednesday morning, pushed by tailwinds which have despatched cryptocurrencies and different risk-on property larger over the previous two months.

The largest crypto by market capitalization was lately buying and selling at $109,378 at crypto alternate Coinbase, up 4.5% over the previous 24 hours. According to Coinbase, BTC topped out at $109,500 earlier than cooling. Bitcoin is now up almost 25% over the past month.

“Bitcoin is pushing toward new highs with strong tailwinds behind it—from steady ETF inflows to a broader shift in political tone,” Joe DiPasquale, CEO of crypto asset supervisor BitBull Capital, wrote to Decrypt forward of the milestone. “We’re seeing growing institutional interest and renewed risk appetite across the board.”

He added optimistically: “This doesn’t feel like a short-term squeeze—it’s a more sustained bid that reflects a structural shift in how investors are viewing Bitcoin. It’s moving from a speculative trade to a strategic allocation, increasingly seen as a macro asset with long-term relevance, not just a bet on tech or hype cycles.”

The newest positive factors come as traders buoyed by U.S. President Donald Trump’s latest retreat from his world commerce warfare and inspiring inflation reviews earlier this month have plowed again into risk-on property. Bitcoin has additionally benefited as traders have seen it extra as a hedge in opposition to macroeconomic uncertainties which have threatened to undermine the worth of the U.S. greenback.



Bitcoin roared to its earlier document of $108,786 (in accordance to CoinGecko) in early April amid market optimism that newly elected U.S. President Donald Trump’s would fulfill his guarantees to help the business. But it plunged under $75,000 as traders grew skittish about his world commerce warfare and different financial insurance policies that many analysts believed would increase costs and sluggish the worldwide financial system.

The pattern started to reverse shortly after encouraging readings on inflation and Trump’s partial retreats from tariffs on its most vital buying and selling companions. Bitcoin and different cash’ positive factors have accelerated over the previous month, together with main fairness indexes.

Ethereum and Solana are displaying comparable positive factors to Bitcoin on the day, each up round 4%, whereas Dogecoin is outpacing Bitcoin with a 6% bump and Cardano is up 5% as properly.

Bitcoin’s record-breaking surge this week comes amid rising demand for Bitcoin ETFs, with almost $1 billion value of inflows into such funds already this week after two buying and selling days, per information from Farside Investors, whereas publicly traded companies like Strategy and Metaplanet proceed to purchase the main cryptocurrency for his or her company treasuries.

Editor’s word: This story was up to date after publication with extra particulars.

Edited by Andrew Hayward