đ Bitcoin Soars Past $116,000: The Crypto Bull Run Is Just Getting Started
Digital gold just got a turbocharge. Bitcoin smashed through $116,000 today as institutional money floods the marketâproving Wall Streetâs late arrival to the party yet again.
### The Dominoes Are Falling
Every skepticâs favorite âbubbleâ is now eating traditional assets for breakfast. With ETFs sucking up supply like a black hole and halving scarcity baked in, this rallyâs got fundamentals for once.
### Whatâs Next? Watch These Triggers
⢠Miner capitulation? Not this cycleâhash rates hit ATHs last week.
⢠Altcoin leverage? Still frothy, but smart moneyâs stacking BTC.
⢠Macro tides? Even the Fed canât rain on this parade.
### The Ironic Twist
Banks that mocked crypto now custody more BTC than Satoshiâs anonymous stash. Talk about eating crowâwith a side of 24% annualized returns.
One thingâs clear: this isnât 2021âs meme-fueled mania. The real question isnât âifâ but âhow highââand which legacy finance dinosaurs will FOMO in next.
Fiscal Surge Triggers Flight to Hard Assets
Trumpâs $3.3 trillion Big Beautiful Bill, signed on July 4, triggered an immediate $410 billion rise in US debt. The bill lifts the debt ceiling by $5 trillion and permanently extends key tax cuts.
Markets see this as inflationary. Investors are rotating out of bonds and into scarce assets like Bitcoin. The billâs size and speed of implementation have amplified fears over fiscal discipline.
Bitcoin, with its fixed supply, is emerging again as a hedge against fiat debasement.
BlackRockâs spot Bitcoin ETF (IBIT) has reachedin assets under management. Thatâs triple what it held just 200 trading days ago.
By comparison, it took the largest gold ETF over 15 years to reach the same milestone. Institutional flows are now a powerful driver of price action, pushing bitcoin deeper into mainstream portfolios.
Fed Balance Sheet Shrinkage Tightens Liquidity
In June, the Federal Reserve reduced its balance sheet by $13 billion, bringing it to $6.66 trillionâthe lowest since April 2020. The Fed has now cut over $2.3 trillion in assets over the last three years.
Meanwhile, Treasury holdings are down $1.56 trillion in that same period. With fewer buyers in the bond market and more debt being issued, investors are moving into alternative stores of value.
Bitcoin has become the top candidate.
BREAKING: The Federal Reserveâs balance sheet declined by -$13 billion in June, to $6.66 trillion, the lowest since April 2020.
Over the last 3 years, the Fed has reduced its asset holdings by -$2.31 trillion, or -26%.
During this period, the value of Treasury holdings has⌠pic.twitter.com/OGAVR5wjUd
Also, ethereum is trading near, upsince the Big Beautiful Bill became law. Solana, Avalanche, and other altcoins are also rallying.
Retail and institutional capital are returning. Meme coins and DeFi tokens are gaining traction as speculative sentiment returns. crypto is once again leading the risk-on cycle.
S&P 500 All-Time High: Risk-On Across the Board
The S&P 500 has surged 30% since its April 2025 low, hitting a new all-time high this week. This signals strong investor confidence in high-growth, high-risk assets.
Bitcoin benefits directly from this environment. As equities rally, crypto tends to follow. The market sees the Big Beautiful Bill as indirect stimulusâand itâs responding accordingly.
Bottom Line
Bitcoinâs latest all-time high is a response to structural changesânot hype. The Big Beautiful Bill expanded the deficit and shook confidence in US debt markets.
With inflation fears rising and institutional access growing, Bitcoin is becoming the macro hedge of choice. As crypto enters a new bull market, all eyes now turn to the Federal Reserve and rate cut decisions.Â