BiyaPay Analyst: Multiple Positive Factors Driving BTC to New All-Time Highs, Will It Reach $200,000 This Time?
BlockBeats News, July 12th, Bitcoin recently broke through $116,500, hitting a new all-time high once again, with a nearly 20% increase since the beginning of this year. The surge was mainly driven by several positive factors: the Fed's rate cut expectations, Trump's signing of the tax expenditure bill, and the easing of the global trade war, all intensifying the market's demand for safe-haven assets like Bitcoin.
Bitcoin's breakthrough has raised market attention to whether it can continue to rise, especially towards the psychological barrier of $200,000. According to Adam Guren, Chief Investment Officer of Hunting Hill, Bitcoin's recent rise reflects the combination effect of ETF inflows, increasing institutional adoption, and a favorable macro environment. Unlike previous cycles, the current demand is structural, regulated, and sticky, indicating that Bitcoin's upward momentum may continue.
Furthermore, the rise in M2 money supply and institutional fund inflows have provided further room for Bitcoin's price to rise. Analysts from CryptoQuant pointed out that most Bitcoin holders are still in a profitable position, providing support for the market. While there is a risk of profit-taking in the short term, Bitcoin still maintains a strong upward trend.
So, will Bitcoin reach $200,000? Some experts believe that if the current market trend persists and the M2 money supply continues to increase, we may see further price increases in Bitcoin by the end of the year, possibly reaching $150,000 to $200,000.
Against the backdrop of this Bitcoin surge, BiyaPay offers users convenient global investment services. Through BiyaPay, users can directly trade US stocks and Hong Kong stocks using USDT without applying for an offshore account, enabling real-time participation in stock trading. Additionally, BiyaPay supports the exchange of over 200 cryptocurrencies such as BTC, Ethereum, and offers spot and contract limit order trading with zero transaction fees, allowing you to trade at a lower cost in the crypto market.
You may also like

Top 12 Cryptocurrencies to Invest in April 2026
Key Takeaways: Bitcoin remains the dominant player with a $1.42 trillion market cap. Hyperliquid’s HYPE token gains traction,…

18 Best Crypto & Bitcoin Casinos in March 2026
Key Takeaways: Cryptocurrencies offer faster, cheaper, and more private payment options in online casinos. Top crypto casinos include…

Full Post-Mortem of the KelpDAO Incident: Why Did Aave, Which Was Not Compromised, End Up in Crisis Situation?
Key Takeaways: The KelpDAO incident exposed vulnerabilities in collateral pricing and cross-chain bridge operations, affecting Aave’s liquidity. rsETH…

Is MicroStrategy’s STRC Bitcoin’s Savior or Destroyer?
Key Takeaways: MicroStrategy’s STRC offers an annualized yield of 11.5%, driving significant Bitcoin buying pressure. Michael Saylor’s financial…

Ceasefire Expiration and Market Response: Bitcoin Defies Market Trends
Key Takeaways: The current ceasefire agreement is anticipated to expire on Wednesday in Washington, with low likelihood of…

Oil Price Dilemma: More Than a Price Hike
Key Takeaways: Global oil market has surpassed its breaking point, not solving with price hikes but facing significant…

On the Day Aave Launched rsETH, Spark Strategically Exited
Key Takeaways: Aave enabled rsETH lending at a 93% LTV, while Spark withdrew due to low utilization by…

Nasdaq Breaks Record and Crypto Transactions Surge
Key Takeaways: Nasdaq’s rise to a new intraday high indicates strong market momentum. A significant transfer of 35,000…

Powell: Fed Requires a Brand New Inflation Blueprint
Key Takeaways: Powell aims for transformative policy overhauls within the Fed if appointed. Past inflation response mistakes during…

Without Cook’s Apple, Can it Still Grow in the AI Era?
Key Takeaways: John Ternus acts more like a systematic integrator within Apple rather than a solo visionary. Apple’s…

Iran Stock Market and Crypto Developments in Focus
Key Takeaways: The Iranian stock market is set to reopen in 10 to 12 days, excluding companies impacted…

ZachXBT vs. RAVE: Seeking the Truth Behind Crypto Market Volatility
Key Takeaways: In April 2026, RAVE surged by 4500%, later collapsing 90% after investigations by ZachXBT, Binance, and…

Trump Predicts Iran Bombing While Ethereum Moves Spark Interest
Key Takeaways: U.S. President Trump anticipates military action against Iran imminently, with the U.S. armed forces on standby…

Trump Declines Ceasefire Extension Amidst Crypto Market Turmoil
Key Takeaways: President Trump rejects further ceasefire extensions with Iran, emphasizing potential agreement as the path forward. 35,000…

Trump: Surprised by Stock Market Rebound, Thought It Would Fall 20%
Key Takeaways: U.S. President Trump was caught off guard by the stock market’s resilience during the Iran War,…

Chairman of the Joint Chiefs: U.S. Prepared for Swift Large-Scale Operations Against Iran
Key Takeaways: General Mark Milley, U.S. Joint Chiefs of Staff Chair, indicates preparedness for immediate military action against…

U.S. Retail Sales Surpass Expectations as Crypto Activity Escalates
Key Takeaways: U.S. retail sales for March exceeded expectations with a 1.7% increase compared to the forecasted 1.4%.…

Binance to List CHIP Token and Introduce Seed Label
Key Takeaways: Binance will list CHIP on April 21, 2026, enabling trades in CHIP/USDT, CHIP/USDC, and CHIP/TRY pairs.…
Top 12 Cryptocurrencies to Invest in April 2026
Key Takeaways: Bitcoin remains the dominant player with a $1.42 trillion market cap. Hyperliquid’s HYPE token gains traction,…
18 Best Crypto & Bitcoin Casinos in March 2026
Key Takeaways: Cryptocurrencies offer faster, cheaper, and more private payment options in online casinos. Top crypto casinos include…
Full Post-Mortem of the KelpDAO Incident: Why Did Aave, Which Was Not Compromised, End Up in Crisis Situation?
Key Takeaways: The KelpDAO incident exposed vulnerabilities in collateral pricing and cross-chain bridge operations, affecting Aave’s liquidity. rsETH…
Is MicroStrategy’s STRC Bitcoin’s Savior or Destroyer?
Key Takeaways: MicroStrategy’s STRC offers an annualized yield of 11.5%, driving significant Bitcoin buying pressure. Michael Saylor’s financial…
Ceasefire Expiration and Market Response: Bitcoin Defies Market Trends
Key Takeaways: The current ceasefire agreement is anticipated to expire on Wednesday in Washington, with low likelihood of…
Oil Price Dilemma: More Than a Price Hike
Key Takeaways: Global oil market has surpassed its breaking point, not solving with price hikes but facing significant…

