🚀 Bitcoin Shatters Records at $112k: Has the 2025 Altseason Officially Begun? Experts Weigh In
Bitcoin just bulldozed past $112k—another all-time high in a year that’s rewriting crypto’s playbook. But here’s the real question: Are altcoins finally waking up, or is this another false alarm for the 'little guys'?
### The Altcoin Domino Effect
When BTC rallies, the market holds its breath for alts to follow. This time, Ethereum, Solana, and a handful of DeFi tokens are already ticking upward—but not all boats rise equally. Meme coins? Still waiting for their 'fundamentals' to kick in.
### The Expert Divide
Veterans like Arthur Hayes argue this cycle’s altseason will be 'selective,' driven by utility, not hype. Meanwhile, crypto Twitter’s permabulls insist every dog (coin) will have its day. Spoiler: Wall Street’s still betting against both.
### The Cynic’s Corner
Let’s face it—half these '2025 predictions' are from folks who missed Bitcoin at $30k. But hey, even a broken clock is right twice a day. Pro tip: Watch institutional inflows. When Goldman Sachs starts shilling SHIB, *then* panic.
Bitcoin (BTC) price has recorded a new all-time high (ATH) of about $112,000 on several cryptocurrency exchanges, led by Binance. The flagship coin surged over 2 percent in the past 24 hours, thus rallying above the former ATH of about $111,814, which was recorded on May 22, 2025.
According to aggregate data from CoinMarketCap, Bitcoin’s market cap rallied above $2.2 trillion and its daily average traded volume ROSE 23.7 percent to hover around $53.7 billion on Wednesday, during the mid-North American trading session. Consequently, BTC is now the fifth most valuable asset after surpassing Alphabet (Google), which has a market cap of about $2.15 trillion.
Top Reasons Why Bitcoin Price Rallied Today
As Coinpedia has reported in the recent past, BTC price has remained stagnant amid heightened demand from institutional investors and notable crypto regulatory clarity. For instance, the U.S. spot Bitcoin ETFs have recorded more than $13 billion in net cash inflows in the past four months, led by BlackRock’s IBIT and Fidelity’s FBTC.
According to market data from Santiment, Bitcoin price experienced bullish sentiment today fueled by consistent retail boredom and FUD. Moreover, BTC price has experienced a significant psychological resistance level around $109k amid the resurgence of U.S.-led tariff wars and geopolitical tensions.
What Next?
The BTC price rally today impacted the wider altcoin market led by ethereum (ETH), XRP, and Solana (SOL). Following the sudden BTC price pump in the past 24 hours, more than $496 million was liquidated, with the majority involving short traders.
Consequently, the odds of a short squeeze significantly increased, which could further fuel bullish sentiment in the coming days and possibly weeks. According to James Seyffart, an ETF and crypto reporter at Bloomberg, the altseason 2025 could have started with a BTC price pump towards a new ATH.
