W3BStation
Markets
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
07/10/2025

Bitcoin and Nvidia Hit All-Time Highs Simultaneously: Wall Street Is Now the Biggest Player in the Market

Bitcoin surpasses $112,000, Nvidia reaches a $4 trillion market cap — the two biggest symbols of the financial and technology revolution have simultaneously hit record highs. Even as interest rates remain elevated and geopolitical uncertainty persists, global financial markets' appetite for risk continues to surge, with institutional investors at the center of it all. Bitcoin breaks its record on an "explosive" morning In the early hours of July 10, after nearly 7 weeks of sideways trading in the $98,000–$105,000 range, Bitcoin officially broke through the historic $112,000 mark. From its most recent low ($98,200), BTC surged more than 14.05%, marking one of the most impressive recoveries since the start of Q2 2025.

Bitcoin and Nvidia Hit All-Time Highs Simultaneously: Wall Street Is Now the Biggest Player in the Market

Bitcoin surpasses $112,000, Nvidia reaches a $4 trillion market cap — the two biggest symbols of the financial and technology revolution have simultaneously hit record highs. Even as interest rates remain elevated and geopolitical uncertainty persists, global financial markets' appetite for risk continues to surge, with institutional investors at the center of it all.

Bitcoin Breaks Its Record on an "Explosive" Morning

In the early hours of July 10, after nearly 7 weeks of sideways trading in the $98,000–$105,000 range, Bitcoin officially broke through the historic $112,000 mark. From its most recent low ($98,200), BTC surged more than 14.05%, marking one of the most impressive recoveries since the start of Q2 2025.

Ethereum also saw strong performance, rising more than 32.4% from its bottom and closing in on the $2,800 level. Meanwhile, other altcoins like Solana — despite headwinds from the cooling of the meme coin craze — still posted significant recoveries.

Total crypto market cap surpassed $3.51 trillion, the highest level seen so far this year. The Fear & Greed Index climbed to 67 — firmly in "Greed" territory — signaling that speculative money has returned to the market.

Nvidia Overtakes Apple, Sets a Global Market Cap Record

On the equities side, Nvidia continued its meteoric climb. On July 9, shares rose 2.52% to $164, pushing the company's total market cap past $4 trillion and officially making it the most valuable company in the world — surpassing even Apple ($3.91 trillion).

Since April, Nvidia's stock has gained nearly 90%, fueled by explosive demand for "sovereign AI" — state-backed artificial intelligence data centers. According to new estimates from Citi, the government AI market could reach $563 billion by 2028, and Nvidia is involved in nearly every major deal.

Analysts at Wedbush are even projecting that Nvidia could hit a $5 trillion market cap within the next 18 months.

Why Is the Market Still Rising Even Though the Fed Hasn't Cut Rates?

On July 10, the Federal Reserve released the minutes from its latest monetary policy meeting, revealing that there was no strong consensus for a rate cut in July. Markets are pricing in a 93.3% chance rates stay unchanged.

Yet this appears to have done little to dampen risk appetite. Major U.S. equity indices — Nasdaq, S&P 500, and the Dow Jones — all moved higher. Coinbase (+5.36%) and MicroStrategy (+4.65%) followed suit, reflecting renewed confidence in digital assets.

Wall Street Has Become the Bitcoin Whale

Behind this rally, it's no longer retail investors driving the action — it's major financial institutions, including ETF funds, publicly traded companies, and hedge funds. From July 1–7 alone, publicly listed companies (excluding miners) net-accumulated $275 million worth of BTC — equivalent to an entire week's worth of spot ETF inflows.

Take Genius Group (NYSE: GNS) as an example: the company announced plans to grow its BTC holdings from 1,000 to 10,000 BTC over the next 24 months. Since the end of May, it has already posted 74% in gains purely from its BTC accumulation strategy.

Conclusion: Bitcoin + AI = The New Leading Duo?

Nvidia and Bitcoin — the premier representatives of AI and decentralized assets — are simultaneously becoming the convergence point for global capital flows. The fact that these two icons are hitting all-time highs at the same time is no mere market coincidence; it reflects the financial world's long-term conviction in a future defined by digitization, decentralization, and automation.

Wall Street is no longer standing on the sidelines — they're the ones steering the wheel.