Bitcoin Hits Historic High Above $112,000, Noted Investor Says ‘If You Can’t Beat It, You Have To Buy It’
Posted On July 10, 2025
Bitcoin (CRYPTO: BTC) made a historic move above $112,000 on Wednesday, sparking a broader market rally. But is it the beginning of a record-breaking rally or a short-lived spike before corrections?
What happened: The apex cryptocurrency briefly crossed $112,000 in the afternoon before pulling back to the early $111,000s later in the day.
Entrepreneur and cryptocurrency market commentator Anthony Pompliano deemed Bitcoin as the “new hurdle rate,” suggesting that it has crossed the benchmark required to be considered a viable investment.
“If you can’t beat it, you have to buy it,” Pompliano said.