Bitcoin’s price crossed the $110,000 mark, reaching an ATH of $112,000

This article explores Bitcoin's price action as it crossed the $110000 mark, reaching an ATH of $112000.

Bitcoin’s price crossed the $110,000 mark, reaching an ATH of $112,000. With over $2.20 trillion in market capitalization, the asset has become more valuable than major corporations like Google and Meta.Image Courtesy: TradingView

Due to significant adoption and new milestones, Bitcoin has entered the discussion as a potential modern hedge against inflation, with some calling it “digital gold.” Experts argue that its decentralized nature and fixed supply make it a prominent asset to be used against inflation.

Bitcoin’s real power comes from its limited supply. When big institutions and everyday investors start buying it, demand shoots up, but the supply stays the same. That can push the price way higher, especially when inflation kicks in.

As inflation rises, the value of your currency diminishes, and Bitcoin offers a compelling alternative for those seeking financial security.

However, Bitcoin is not without its complexities. While it has massive liquidity, it also has terrible functionality and slow speed, making it impossible to build something on the network.

One project, Bitcoin Pepe (BPEP), is addressing Bitcoin’s functionality issues by bringing Solana-like scalability and speed to the biggest blockchain network in the world. With Bitcoin is poised for continued long-term success, BPEP could be the biggest leveraged play on the cryptocurrency in 2025.

Best Crypto to Buy Now Before Bitcoin Hits $120,000

DiPasquale, CEO of BitBull Capital, provided insight into the short-term outlook for Bitcoin as it reached new highs: “On the upside, $112,000 is the next psychological resistance, but if momentum continues, we could see a test of $120,000—which aligns with longer-term Fibonacci extensions.”

Moreover, recently, Standard Chartered analyst Geoffrey Kendrick apologized for his Q2 2025 initial price forecast of $120,000 for Bitcoin; he admitted that the target was too low. Instead, his year-end forecast shows that the asset could reach $200,000 by the end of the year.

As Bitcoin is nearing another all-time high, astute investors are already adding innovative projects that could benefit from BTC’s bull run. Here are the top three projects, including the standout of the season, Bitcoin Pepe, which is giving users a chance at early gains:

Bitcoin Pepe (BPEP)

Being the first cryptocurrency, Bitcoin has been adopted more than any altcoin, but apart from being a digital store of value, it has not provided much utility to holders. Bitcoin Pepe is enhancing the Bitcoin network to make it the safest, fastest, and cheapest for token trading.

With its groundbreaking PEP-20 standard, the project is bringing Solana-like appeal to Bitcoin, allowing anyone to mint their own tokens and improving the Transactions Per Second (TPS) by a hundredfold. The protocol will also unlock the $2 trillion that is currently just sitting idle and use it to provide liquidity and ensure stable prices during high-volume transactions.

Bitcoin Pepe has raised over $14m in presale and has recently extended it to bring in more tier-1 exchanges for the listing event.

After the presale extension was announced, all the early investors received a 30% retroactive bonus on their total BPEP holding, which balanced out the increased supply.

The Bitcoin Pepe team is also working on the platform’s essential features. The development team has leaked some images of the UI of the Bitcoin Pepe DEX, BTC Bridge, and layer-2 block explorer in the beta phase. These images reveal that the platform is being perfected to provide a frictionless experience for users on launch.

The presale was extended to ensure the platform’s development, partnerships, and listings across major CEXs go smoothly. BPEP is still available at a discount price of $0.0396 for new investors, but the presale window is closing soon. Investors who want to capitalize on the listing surge must act fast before the next listing update on June 17th.

Ripple (XRP)

The XRP price has shown immense strength recently, rising 360% in the last year. It is currently trading in a narrow band between $2 and $2.28 after hitting a new all-time-high of $3.27 in January.

Donald Trump winning the 2024 U.S. presidential election, resulted in bullish optimism for Ripple. His administration has shown itself to be more friendly toward cryptocurrency, and this is expected to assist Ripple with its legal battles with the SEC.

Additionally, demand is fueled as Ripple’s payment system expands and confidence in the XRP price grows.

Moreover, recently, Standard Chartered analyst Geoffrey Kendrick apologized for his Q2 2025 initial price forecast of $1