Bitcoin Price Hits New ATH of $112k Is the 2025 Altseason Here

Bitcoin has just reached a staggering new all-time high of $112,000. This significant price movement is triggering conversations about the potential onset of altseason in 2025. Let’s explore the reasons behind this.

Bitcoin Soars to New All-Time High

Bitcoin, the leading cryptocurrency, has made headlines with a new all-time high (ATH) of approximately $112,000. This leap was largely observed across numerous exchanges, particularly Binance. In the past 24 hours alone, Bitcoin saw an increase of over 2 percent, surpassing the earlier ATH of around $111,814, which was marked on May 22, 2025. The excitement is palpable as investors speculate about the potential impact of this rally on the wider market.

Market Capitalisation and Trading Volume Surge

CoinMarketCap reports that Bitcoin’s market capitalisation has now exceeded $2.2 trillion, with its average daily trading volume climbing by 23.7 percent, currently resting at roughly $53.7 billion during peak trading hours in North America. Bitcoin’s new position now ranks it as the fifth most valuable asset globally, even overtaking Alphabet (Google), which sits around $2.15 trillion. This momentous achievement is drawing increased attention from both retail and institutional investors alike.

Institutional Interest Fuels BTC Price Rally

There are several factors contributing to Bitcoin’s price surge today. Recent reports from Coinpedia indicate that despite a period of stagnation, institutional interest is on the rise and is complemented by considerable regulatory advancements in the crypto space. Speculation about Bitcoin ETFs has bolstered confidence, with net cash inflows surpassing $13 billion over the past four months, driven primarily by major players like BlackRock and Fidelity.

Retail Sentiment and Psychological Resistance

Market sentiment is also notoriously influenced by retail trader behaviours, characterised today by a notable boredom and lingering fear, uncertainty, and doubt (FUD). Data from Santiment points to a bullish sentiment brewing among traders, as Bitcoin approached the psychologically significant resistance level around $109,000—coinciding with ongoing geopolitical tensions and emerging trade tariffs led by the U.S.

Impacts on Altcoin Market and Future Outlook

In the wake of today’s rally, the altcoin market has reacted positively, led by Ethereum (ETH), XRP, and Solana (SOL). More than $496 million worth of positions were liquidated, predominantly from short traders betting against Bitcoin. This wave of liquidations has strengthened the odds of a potential short squeeze, which may intensify the bullish momentum over the upcoming days and weeks. Analysts like James Seyffart from Bloomberg are now suggesting that this could signal the start of altseason 2025, coinciding with Bitcoin’s remarkable ascent.

The recent surge in Bitcoin’s price to a new ATH of $112,000 showcases not only the resilience and growing adoption of cryptocurrency but also hints at a potentially thriving altseason ahead. Factors such as increased institutional investment, rising market sentiment, and strategic liquidations set the stage for further volatility and anticipation in the market. Investors are keenly watching the developments as Bitcoin continues to shape the landscape of digital assets.