Bitcoin price today: below $112k record high amid profit taking, tariff woes
July 10, 2025
Investing.com-- Bitcoin rose on Thursday but hovered below the record high of nearly $112,000 that it briefly reached a day earlier, as profit-taking and fresh U.S. tariff concerns tempered investor enthusiasm.
The world’s largest cryptocurrency rose 2.1% to $110,961.70, as of 01:48 ET (05:48 GMT).
It briefly jumped to an all-time high of $111,988.20 on Wednesday, but pared some gains as investors booked profits at record peaks.
Bitcoin hits record high on institutional demand The milestone comes amid growing allocations from institutional investors, including entities moving bitcoin into treasury portfolios and ETFs overseen by major asset managers.
