Bitcoin has reached a new all-time high above $110,000 as the cryptocurrency continued its price rally to gain 3% in the last day.

Bitcoin hit a new all-time high again on Thursday, and a leading international bank suggested that it could reach $500,000 by 2029. The world’s largest cryptocurrency climbed as high as $111,862.98, a fresh all-time peak partly as investors sought out alternatives to US assets.

Bitcoin hits $111,000 in 2025 with low speculation, weak ETF flows, and absent retail—marking a more mature, stable market cycle.

Bitcoin’s [BTC] run-up to a new ATH of $111.8K extended the crypto asset’s Q2 recovery gains to 48%. But the record rally wasn’t accompanied by massive market leverage, signalling a healthy situation for bullish continuation.

A wave of optimism is buoying Bitcoin after the advancement of a key stablecoin bill in the US senate fueled hopes of greater regulatory clarity for crypto operators

Bitcoin surpassed $111,000 for the first time, with traders increasingly bullish on the prospects of the original cryptocurrency amid mounting institutional demand.

Bitcoin, the popular cryptocurrency is on a major rally, hitting a new record high close to $112,000. This marks one of the biggest price surges in its history. Investors are excited because of growing interest from big companies and increasing acceptance of Bitcoin as a payment option.

Bitcoin has just hit a staggering all-time high, soaring past $110,000 on Wednesday evening. This impressive surge marks a significant milestone for the digital currency, which had previously peaked during President Donald Trump’s inauguration back in January.

Bitcoin reached a new record high of $111,492 in early Asian trading, boosted by market optimism, large investor purchases, and positive signals from the U.S. government about future crypto rules. BTC jumped as much as 2.