In a major milestone for the crypto world, Bitcoin surged past €100,000 last night, marking a historic all-time high. In USD terms, the price reached an eye-popping $118,000, solidifying its position as the leading digital asset in the market.
This explosive move came after Bitcoin hovered around $108,000 for some time before suddenly spiking upwards. Analysts suggest this rapid increase was likely driven by the liquidation of short positions—traders who had bet on the price going down using leverage. When the market unexpectedly went up, their positions were forcibly closed, triggering a wave of Bitcoin purchases that pushed the price even higher. As a result, Bitcoin gained $10,000 in just a few hours.
With such dramatic price action, securing your Bitcoin has never been more important. While leaving small amounts on exchanges might be fine, serious investors are turning to hardware wallets for better security. Not sure which one to pick? Check out our favorite 5 hardware wallets for 2025.
Bullish Long-Term Outlook
While short-term price movements are unpredictable, the overall market sentiment around Bitcoin remains positive. We’re seeing increased global adoption, crypto-friendly leadership in the U.S., and growing interest from both institutional and retail investors. More companies are adding Bitcoin to their balance sheets, which adds stability to the market. Compared to the past, where price swings were mostly retail-driven, the influx of large players is creating a stronger price floor.
Should You Buy Bitcoin Now?
Timing the market is tough. Yesterday’s $10,000 jump came without warning; if you were on the sidelines, that opportunity is gone. But it can just as easily go the other way, so spreading your investment over time can help reduce risk. This is where Dollar Cost Averaging (DCA) comes in: buying a fixed amount of Bitcoin regularly, regardless of price, to build your position gradually.
As always, if you decide to buy, use reliable platforms. We recommend sticking with trusted exchanges. Our top pick? Bitvavo, one of the largest exchanges in the Netherlands. You can buy Bitcoin and thousands of other cryptocurrencies safely. Want more options? Check out our guide to the 5 best crypto exchangess of 2025.
We now have a €10 sign up bonus + €10.000 free trading credit.
Use the link below or use code 3A656C4D36.


