Bitcoin price today: jumps to new record high above $109k amid regulatory

Bitcoin is demonstrating remarkable strength, with its price reaching new all-time highs amid a flurry of significant regulatory and economic developments. After a brief period of correction, the cryptocurrency has staged a powerful comeback, surpassing its previous record high.

Bitcoin’s Price Soars to New Heights

As of today, August 10, 2025, Bitcoin’s price has climbed to a new record high, trading above the $116,000 mark and approaching the $118,000 level. This bullish momentum follows a period of consolidation after reaching its previous all-time high of approximately $123,000 in mid-July.

This price surge is being fueled by a confluence of positive factors, including:

U.S. President’s Executive Order: A key driver of the recent rally was an executive order signed by President Trump on August 7, 2025, which allows for cryptocurrency investment in 401(k) retirement plans. This move is seen as a major step toward mainstream adoption and has injected a new wave of optimism into the market.

Growing Institutional Acceptance: The successful IPO of Circle and the news that top U.S. banks are exploring a joint stablecoin initiative further validate the crypto industry. These developments signal that traditional finance is not only accepting but actively integrating digital assets, which boosts investor confidence in Bitcoin’s long-term viability.

Renewed Bullish Sentiment: On-chain data indicates a strong “buy-the-dip” mentality among both retail and large-scale investors. The Bitcoin Fear & Greed Index is also showing a return to “greed,” suggesting that market participants are becoming more optimistic about future price movements.

Spot ETF Inflows: Bitcoin ETFs continue to attract significant capital, providing a consistent source of demand for the asset.

A New All-Time High

The current rally has pushed Bitcoin’s price beyond previous resistance levels, with analysts now looking toward the next psychological barriers. While Bitcoin briefly dipped below $116,000 earlier this month, its ability to quickly recover and set a new record highlights the market’s underlying strength.

The latest price action demonstrates Bitcoin’s resilience in the face of temporary corrections and its ability to capitalize on positive regulatory and institutional news. As the market enters a new phase of institutional integration and regulatory clarity, Bitcoin appears well-positioned to continue its upward trajectory.