{"id":36379,"date":"2025-07-11T12:47:17","date_gmt":"2025-07-11T12:47:17","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=36379"},"modified":"2025-07-11T12:47:17","modified_gmt":"2025-07-11T12:47:17","slug":"48-million-americans-own-bitcoin-as-it-hits-ath-of-118k","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=36379","title":{"rendered":"48 Million Americans Own Bitcoin as it Hits ATH of $118K"},"content":{"rendered":"
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On July 10\u201311, 2025, Bitcoin surged past its previous highs to reach a new all-time-high \u2013 $118,403.89 in the early hours of July 11, 2025.<\/p>\n

That price marks a monumental shift in the crypto landscape. What began as a modest breakout above $112,000 in early July has quickly turned into a rally with deep roots \u2013 both structural and speculative.<\/p>\n

\"Bitcoin<\/p>\n

Good fundamentals and a general bullish outlook could send Bitcoin even higher. And as Bitcoin rises, key altcoins and meme coins \u2013 including Snorter Token ($SNORT) \u2013 could be poised to take off.<\/p>\n

Here\u2019s what it all means for Bitcoin and for investors considering what happens next.<\/p>\n

Institutional Investor Momentum Is Unmistakable<\/h2>\n

BlackRock\u2019s spot\u2011Bitcoin ETF, $IBIT, now totals over $79B, tripling in less than a year. That\u2019s a feat that took the largest gold ETF over a decade to accomplish. And $IBIT isn\u2019t the only Bitcoin ETF to have a good day; spot Bitcoin ETFs saw a whopping $1.18B in net inflows yesterday<\/a>.<\/p>\n

With the rise in Bitcoin\u2019s price, and the growth of ETFs, $IBIT in particular is blazing new territory, entering the top tier of spot ETFs<\/a>.<\/p>\n

\"Bitcoin<\/p>\n

The flood of capital into ETFs, combined with low exchange inflows<\/a> (~3,200\u202fBTC per day, levels unseen since 2015), suggests long-term bullish sentiment and limited spot selling pressure.<\/p>\n

\"Bitcoin<\/p>\n

Macroeconomic trends further strengthen BTC\u2019s case. The recent passage of the U.S. $3.3T \u2018Big Beautiful Bill\u2019 expanded fiscal deficit expectations by $410B, encouraging investors toward Bitcoin as a hedge against inflation and fiat weakness .<\/p>\n

On top of this, hopes for a Federal Reserve rate cut \u2013 possibly in September \u2013 have added fuel to the rally.<\/p>\n

Regulatory tailwinds, including stablecoin legislation and crypto\u2011friendly governance, are reshaping investor confidence.<\/p>\n

From Institutional Confidence to Corporate and Retail Adoption<\/h2>\n

Corporations have joined the fray, accumulating $BTC as reserve assets. Notable firms with Bitcoin reserves include:<\/p>\n