Finally! BTC Surges Above $110K, Surpassing January ATH

Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, has hit a new all-time high (ATH), surpassing the $110,000 price mark for the first time. The increase marks a significant milestone in the ongoing bull run and the crypto market in general.

According to data by CoinMarketCap, the crypto asset was trading at over $110,700 at the time of writing. However, the digital asset crossed a new price level of over $111,000 before it quickly declined.

During the bull cycle, which began in April 2024, BTC first breached the $70,000 resistance level ahead of the halving event. This pre-halving price action set the tone for continued bullish momentum, ultimately ending in bitcoin surpassing the $100,000 level by year-end. 

Furthermore, BTC began 2025 with a new all-time high of $109,000 before a sharp correction that saw prices dip below $75,000 in April. However, by May, the crypto showed signs of recovery and surged back above $100,000, restoring hope to the crypto market. 

Buying Bitcoin as a Hedge 

During the market correction, several investors and traders were fearful, which led to a massive sell-off. However, crypto enthusiasts and analysts predicted different potential prices for the crypto asset. They also urged individuals not to sell their BTC but to see it as an opportunity to acquire more.

For instance, American businessman and author Robert Kiyosaki, best known for his book Rich Dad Poor Dad, has long advocated investing in assets that he believes will stand the test of time. He noted that BTC is the biggest opportunity in history. The renowned author also revealed that the crypto asset has made it easy for everyone to become rich. 

Kiyosaki Predicts BTC Price 

Despite bitcoin’s potential, Kiyosaki stated that most people with a Fear of Making Mistakes (FOMM) will miss out. He revealed that if BTC hits $20,000 per coin, it will be difficult for most people to afford. Meanwhile, the recent rise greatly rewarded traders who leveraged price drops. 

Since this year, BTC has experienced several setbacks and market corrections associated with news of a global tariff increase and other factors. Despite the tough times, the asset has significantly increased, impacting the general crypto market. Its market cap of approximately $2.2 trillion has further cemented its place as the leading crypto. 

The asset currently has a trading volume of $92.31 billion, representing 67.30% in the last 24 hours. The rise in BTC trading volume shows a strong investor interest and confidence in the asset.

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