{"id":4162,"date":"2025-07-11T16:16:57","date_gmt":"2025-07-11T16:16:57","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/07\/11\/bitcoin-hits-new-all-time-high-as-ibit-breaks-etf-records\/"},"modified":"2025-07-11T16:16:57","modified_gmt":"2025-07-11T16:16:57","slug":"bitcoin-hits-new-all-time-high-as-ibit-breaks-etf-records","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/07\/11\/bitcoin-hits-new-all-time-high-as-ibit-breaks-etf-records\/","title":{"rendered":"Bitcoin Hits New All Time High as IBIT Breaks ETF Records"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Bitcoin Hits New All Time High as IBIT Breaks ETF Records<\/a><\/p>\n

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Just 19 days ago, Bitcoin<\/a> was trading around $98,000. Today, it shattered expectations by hitting a new all time high of $118,820, underscoring the accelerating shift toward viewing Bitcoin as both a store of value and a strategic asset.<\/p>\n

BlackRock\u2019s iShares Bitcoin Trust (IBIT) broke its ETF records last night by surpassing $80 billion in assets under management, doing so in just 374 days. That\u2019s nearly five times faster than the previous record held by the Vanguard S&P 500 ETF (VOO), which took 1,814 days to reach the same mark.<\/p>\n

As of today, IBIT<\/a> sits at $83 billion and holds over 706,000 BTC, making it the 21st largest ETF in the US market. Two days ago, IBIT also closed at a new all time high of $63.58, reflecting a massive demand for Bitcoin.<\/p>\n

The number of hours the average American needs to work to afford one Bitcoin. According to the latest chart<\/a> by Anil Patel, it now takes 3,766 hours, nearly two full years of labor at the average US wage, to buy just 1 Bitcoin.<\/p>\n

According to a new report from Bank of America Global Research, Bitcoin is the top performing currency of 2025, beating out 19 fiat currencies with an 18.2% gain versus the US dollar year-to-date. This puts Bitcoin ahead of traditional strong performers like the Swedish krona, Swiss franc, and Euro. The data underscores Bitcoin\u2019s growing strength not just as a digital asset, but as a global monetary unit.<\/p>\n

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JUST IN: Bank of America research report shows #Bitcoin<\/a> as the best-performing currency this year pic.twitter.com\/bvrP9qGIuf<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) July 11, 2025<\/a>\n<\/p><\/div>\n

Bitcoin has also reclaimed its spot among the world\u2019s most valuable assets, surpassing Amazon to become the 5th largest by market capitalization. With a total market cap of $2.36 trillion and a price of $118,820, bitcoin now ranks just behind tech giants like Apple, Microsoft, and NVIDIA.<\/p>\n

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JUST IN: #Bitcoin<\/a> surpassed Amazon once again to become the 5th largest asset in the world pic.twitter.com\/6kOulsPxgy<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) July 11, 2025<\/a>\n<\/p><\/div>\n

Over the past few days, more than $463 million in Bitcoin short positions have been liquidated, as price gains get even higher. According to data from Coinglass, an additional $1.5 billion in short positions are on the verge of liquidation if Bitcoin hits $120,000.<\/p>\n

This post Bitcoin Hits New All Time High as IBIT Breaks ETF Records<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Oscar Zarraga Perez<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Bitcoin Hits New All Time High as IBIT Breaks ETF Records Just 19 days ago, Bitcoin was trading around $98,000. Today, it shattered expectations by hitting a new all time high of $118,820, underscoring the accelerating shift toward viewing Bitcoin as both a store of value and a strategic asset. BlackRock\u2019s iShares Bitcoin […]<\/p>\n","protected":false},"author":0,"featured_media":4163,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-4162","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/4162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=4162"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/4162\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/4163"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=4162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=4162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=4162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}