Bitcoin Smashes Records: Soars Past May’s All-Time High in Stunning Rally

Bitcoin just rewrote the history books—again.

The king of crypto surged past its previous May peak, leaving skeptics scrambling and hodlers cheering. No fluke, no fakeout—just pure bullish momentum carving a new ATH into the blockchain.

Wall Street analysts? Still drawing lines on charts while Bitcoin eats their lunch. Meanwhile, retail traders are stacking sats like there’s no tomorrow (and at this rate, maybe there won’t be for the fiat system).

One question remains: How long until the suits try to regulate a market that’s already left them behind?

After the peak reached on Bitcoin Pizza Day (May 22), the primary cryptocurrency started to lose some ground, which culminated precisely a month later with a price dump to $98,000 during the Iran-Israel war.

However, the bulls managed to contain the losses, and BTC quickly topped $100,000. In fact, the asset hasn’t traded within a five-digit price territory in over two weeks.

July started with a slight stagnation, though, as Bitcoin remained stuck between $105,000 and $110,000. However, the cryptocurrency went on the offensive hard in the past few hours, breaking above the upper boundary and surging to a fresh all-time high at exactly $112,000 (on Bitstamp and many other exchanges) minutes ago.