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Bitcoin Hits $118K in Historic Price Surge

Bitcoin Hits $118K in Historic Price Surge

CoinomediaCoinomedia2025/10/02 04:48
By:Isolde VerneIsolde Verne

Bitcoin skyrockets to $118,000, setting a new all-time high and fueling bullish momentum across the crypto market.Bitcoin Blasts Past $118K in Record RallyWhat’s Fueling the BTC Breakout?What Comes Next?

  • Bitcoin reaches a record-high of $118,000.
  • Market sentiment turns extremely bullish.
  • Institutional demand and ETF flows likely driving surge.

Bitcoin Blasts Past $118K in Record Rally

In a historic moment for the crypto industry, Bitcoin has officially hit $118,000, shattering previous all-time highs and sending shockwaves across financial markets. The move confirms what many investors have been anticipating: a full-scale bull run is underway.

This rally marks one of Bitcoin’s most explosive price movements, fueled by a mix of institutional buying, ETF inflows, and macroeconomic conditions that favor hard assets. Traders and long-term holders alike are celebrating as Bitcoin enters a price range once considered a distant target.

JUST IN: $118,000 Bitcoin pic.twitter.com/nwLEQUgYNy

— Watcher.Guru (@WatcherGuru) October 1, 2025

What’s Fueling the BTC Breakout?

Several key factors appear to be driving Bitcoin’s push to $118K:

  • Institutional Demand: Major asset managers and companies continue to allocate capital into Bitcoin, treating it as a digital alternative to gold.
  • ETF Momentum: Spot Bitcoin ETFs have attracted billions in capital, providing easy access for retail and institutional investors.
  • Inflation Hedge: With global economic uncertainty and persistent inflation, more investors are turning to Bitcoin as a hedge against fiat currency devaluation.

Together, these elements have created massive buying pressure, pushing BTC into uncharted territory.

What Comes Next?

While sentiment is sky-high, some analysts caution that volatility may increase at these price levels. Profit-taking, macroeconomic shifts, or regulatory news could spark short-term pullbacks.

However, the long-term thesis for Bitcoin appears stronger than ever. With growing adoption and stronger infrastructure supporting the market , many now see $100K as the new floor rather than the peak.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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