🕷️ Crawler Inspector

URL Lookup

Direct Parameter Lookup

Raw Queries and Responses

1. Shard Calculation

Query:

Response:

Calculated Shard: 166 (from laksa032)

2. Crawled Status Check

Query:

curl -X POST \
  'http://laksa166.int.ahrefs:8124/' \
  -H 'Content-Type: text/plain' \
  -H 'X-ClickHouse-Database: crawler3' \
  -H 'Authorization: Basic YXBpOg==' \
  -d 'SELECT getAhrefsURLFromUnparsed(src_unparsed) AS found_url, ifNull(toUnixTimestamp(download_stamp), 0) AS crawl_time, ifNull(toUnixTimestamp(props_url_first_seen), 0) AS first_indexed_time, download_http_code AS http_code, src_unparsed AS src_unparsed, src_root_hash AS src_root_hash, history_drop_reason AS history_drop_reason, meta_title AS meta_title, meta_descriptions AS meta_descriptions, attrs_boilerpipe_text AS attrs_boilerpipe_text, attrs_markdown AS attrs_markdown, attrs_readable_markdown AS attrs_readable_markdown, meta_canonical AS meta_canonical FROM crawler3.page_info_local FINAL PREWHERE (src_root_hash, src_unparsed) IN ((getAhrefsRootHashFromUnparsed(getAhrefsUnparsedNoserviceFromURL(\'https://moneyweek.com/investments/bitcoin-hits-new-heights\')), getAhrefsUnparsedNoserviceFromURL(\'https://moneyweek.com/investments/bitcoin-hits-new-heights\'))) FORMAT JSONEachRow'

Response:

{"found_url":"https:\/\/moneyweek.com\/investments\/bitcoin-hits-new-heights","crawl_time":1775762201,"first_indexed_time":1701797005,"http_code":200,"src_unparsed":"com,moneyweek!\/investments\/bitcoin-hits-new-heights s443","src_root_hash":"841415131371016966","history_drop_reason":null,"meta_title":"Bitcoin hits new high - should you invest in the cryptocurrency? | MoneyWeek","meta_descriptions":["The Bitcoin price has hit a record high of $112,000 as investor interest grows, but it remains a risky asset"],"attrs_boilerpipe_text":"Bitcoin has surged to a new record high as the cryptocurrency's bull run continues.\nThe\nBitcoin price\nsurpassed a new record of $112,000 on Wednesday 9 July, before settling back at around $111,300.\nTry 6 free issues of MoneyWeek today\nGet unparalleled financial insight, analysis and expert opinion you can profit from.\nStart your trial\nSign up to Money Morning\nDon't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter\nDon't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter\nLatest Videos From MoneyWeek\nHe is seen as Bitcoin-friendly and hinted at the possibility of a “strategic Bitcoin reserve” while campaigning.\nNick Jones, chief executive of crypto software provider Zumo, said: “The rise is underpinned by increasing institutional adoption and resurgent retail demand, reflecting confidence that crypto has arrived in the mainstream and is now reshaping finance.\n“There's also growing corporate interest in Bitcoin as a treasury asset,” he added, highlighting that the United Arab Emirates is making headlines with its decision to integrate cryptocurrency payments in areas such as school fees and transportation.\nThis has led some to question how long the bull market can continue – and whether it is worth the risk in the first place.\nWhy is the Bitcoin price rising?\nUnlike\nstocks\nthat have underlying fundamentals, the main factor driving Bitcoin is sentiment.\nInvestor interest has increased since the launch of Bitcoin ETFs and Blackrock is now the largest holder of the\ncryptocurrency\n, with its iShares Bitcoin Trust (IBIT) owning 700,307 BTC.\nFinancial Conduct Authority\ndata shows 12% of UK adults now own crypto, despite the City watchdog warning that people could lose all their money from it.\nAnother factor is supply.\nPublic and private companies, funds and ETFs now command roughly 3.5 million bitcoin or about 17% of the fixed 21 million supply, up from 2.6 million just a year ago, according to eToro.\nSimon Peters, crypto analyst at eToro, said: “This increase in demand is putting further upwards pressure on the price.”\nThe price has also been helped by\nTrump\nhaving more positive policies towards Bitcoin and has promised to make the US ‘the crypto capital of the planet.’\nThe US is also heading into ‘Crypto Week,’ where the House of Representatives will be considering three landmark pieces of legislation that, if passed, will provide a massive boost to and further legitimise the sector.\nTesla\nboss\nElon Musk\nis also a Bitcoin fan and recently announced that his newly launched America Party will fully back Bitcoin.\nLukas Enzersdorfer-Konrad, deputy chief executive of crypto platform, Bitpanda, said that Bitcoin’s rise to new heights has been fuelled by a “perfect mix” of supportive macro conditions and a steady rise in institutional interest.\nHe said: “As liquidity returns to the market and the money supply expands in both Europe and the US, investors are looking for assets with real potential – and Bitcoin is increasingly seen as one of them.\n\"We’re seeing growing retail demand, still underpinned by strong ETF inflows and continued institutional adoption. All signs point to Bitcoin’s role as a mainstream asset becoming more firmly established than ever.\"\nThe returns may look attractive but Bitcoin and other cryptocurrencies are largely unregulated and can be subject to wild price swings and volatility. There are very few market fundamentals behind them beyond supply and demand.\nThis means you can make large gains but also devastating losses.\nThere have also been cases of fraud and\nhacks\nof trading platforms, resulting in customer money being stolen.\nPeters added: “It’s hard not to be optimistic about bitcoin at this moment in time, but the risk of a fall in price or short-term pullback still exists.\n“Before investing in Bitcoin, potential investors should evaluate their time horizon and how long they are prepared to be invested for.\n“Only invest with money that you can afford to lose and rather than deploying all of your capital at one time maybe consider dollar-cost-averaging (i.e. investing a fixed amount of money at regular intervals) as this could reduce the risk of investing right before a downturn in the price and also lower your average cost basis, giving you a greater return in the long run.\"\nThe Financial Conduct Authority (FCA) has warned that cryptocurrency investors should be prepared to lose all their money. It isn’t a good asset for beginners and should not form a core part of your portfolio.\nIf you understand the risks and are still keen to have some exposure, you could consider a small allocation as part of a broadly-diversified portfolio. Make sure you use a recognised trading platform and be wary of\ncrypto scams\n.\nWhile cryptocurrencies aren't regulated, platforms that let you buy and sell them should be approved for anti-money laundering purposes by the FCA and should appear on its\nregister of cryptoasset firms.","attrs_markdown":"![](https:\/\/sb.scorecardresearch.com\/p\/?c1=2&c2=10055482&cv=4.4.0&cj=1)\n\n[![Moneyweek](https:\/\/cdn.mos.cms.futurecdn.net\/flexiimages\/5epz6dnkwo1674726174.svg) Moneyweek](https:\/\/moneyweek.com\/)\n\n[![https:\/\/cdn.mos.cms.futurecdn.net\/flexiimages\/mw70aro6gl1676370748.jpg](https:\/\/cdn.mos.cms.futurecdn.net\/flexiimages\/mw70aro6gl1676370748.jpg) SUBSCRIBE Try 6 weeks free](https:\/\/moneyweek.com\/subscription\/subscribe?channel=brandsite&utm_medium=referral&utm_source=moneyweek.com&utm_campaign=mwk-all-digital_referral-uctbc-202512-sub-none-fallbk26-ctrl&utm_content=header-block)\n\n×\n\n- [News](https:\/\/moneyweek.com\/news)\n- [Share Tips](https:\/\/moneyweek.com\/investments\/stocks-and-shares\/share-tips)\n- [Investing](https:\/\/moneyweek.com\/investments)   Investing\n  - - Investing\n      Investing\n      - [View all Investing](https:\/\/moneyweek.com\/investments)\n      - [Stocks and Shares](https:\/\/moneyweek.com\/investments\/stocks-and-shares)\n      - [Commodities](https:\/\/moneyweek.com\/investments\/commodities)\n      - [Funds](https:\/\/moneyweek.com\/investments\/funds)\n      - [Trusts](https:\/\/moneyweek.com\/investments\/funds\/investment-trusts)\n      - [Gold](https:\/\/moneyweek.com\/investments\/commodities\/gold)\n      - [AI](https:\/\/moneyweek.com\/tag\/ai)\n- [Personal Finance](https:\/\/moneyweek.com\/personal-finance)   Personal Finance\n  - - Personal Finance\n      Personal Finance\n      - [View all Personal Finance](https:\/\/moneyweek.com\/personal-finance)\n      - [Savings](https:\/\/moneyweek.com\/personal-finance\/savings)\n      - [ISAs](https:\/\/moneyweek.com\/personal-finance\/savings\/isas)\n      - [Pensions](https:\/\/moneyweek.com\/personal-finance\/pensions)\n      - [Tax](https:\/\/moneyweek.com\/personal-finance\/tax)\n      - [Property](https:\/\/moneyweek.com\/investments\/property)\n      - [Mortgages](https:\/\/moneyweek.com\/personal-finance\/mortgages)\n      - [Bank accounts](https:\/\/moneyweek.com\/personal-finance\/bank-accounts)\n      - [Credit cards](https:\/\/moneyweek.com\/personal-finance\/credit-cards)\n- [Economy](https:\/\/moneyweek.com\/economy)   Economy\n  - - Economy\n      Economy\n      - [View all Economy](https:\/\/moneyweek.com\/economy)\n      - [UK Economy](https:\/\/moneyweek.com\/economy\/uk-economy)\n      - [US Economy](https:\/\/moneyweek.com\/economy\/us-economy)\n      - [Global Economy](https:\/\/moneyweek.com\/economy\/global-economy)\n- [Travel](https:\/\/moneyweek.com\/spending-it\/travel-holidays)\n- [Subscribe](https:\/\/moneyweek.com\/subscription\/subscribe?channel=brandsite&utm_medium=referral&utm_source=moneyweek.com&utm_campaign=mwk-all-digital_referral-uctbc-202512-sub-none-fallbk26-ctrl&utm_content=nav-button)\n- More\n  - [Latest issue](https:\/\/moneyweek.com\/latest-issue)\n  - [MoneyWeek Podcast](https:\/\/moneyweek.com\/tag\/podcasts)\n  - [MoneyWeek Quizzes](https:\/\/moneyweek.com\/quizzes)\n  - [MoneyWeek Live](https:\/\/moneyweek.com\/tag\/live-blog)\n  - [Spending It](https:\/\/moneyweek.com\/spending-it)\n  - [This day in history](https:\/\/moneyweek.com\/on-this-day-in-history)\n  - [MoneyWeek Glossary](https:\/\/moneyweek.com\/financial-glossary)\n  - [People](https:\/\/moneyweek.com\/people)\n  - [About Us](https:\/\/moneyweek.com\/about-us)\n- Newsletters\n  - [Newsletter sign-up](https:\/\/moneyweek.com\/newsletter)\n  - [Manage my newsletters](https:\/\/moneyweek.com\/newsletter)\n  - [Latest newsletter](https:\/\/newsletter.smartbrief.com\/getLast.action?mode=last&b=moneyweek)\n\n[Newsletter sign up Newsletter](https:\/\/moneyweek.com\/newsletter)\n\nTrending\n\n- [Join £2m ISA club?](https:\/\/moneyweek.com\/personal-finance\/isas\/isa-millionaires)\n- [End of tax year checklist](https:\/\/moneyweek.com\/personal-finance\/605797\/end-of-tax-year-checklist)\n- [Wait time for Premium Bonds win](https:\/\/moneyweek.com\/personal-finance\/savings\/premium-bonds-holders-average-time-before-winning)\n- [MoneyWeek Talks podcast](https:\/\/moneyweek.com\/investments\/daniel-avigad-moneyweek-talks)\n- [£830 car finance compensation](https:\/\/moneyweek.com\/personal-finance\/fca-car-finance-compensation)\n\n1. [Investing](https:\/\/moneyweek.com\/investments)\n# Bitcoin hits new high - should you invest in the cryptocurrency?\nThe Bitcoin price has hit a record high of \\$112,000 as investor interest grows, but it remains a risky asset\n\n![Marc Shoffman's avatar](https:\/\/cdn.mos.cms.futurecdn.net\/n5X4chjExnu5mxxVzuuyp5-200-80.png)\n\nBy [Marc Shoffman](https:\/\/moneyweek.com\/author\/marc-shoffman)\n\nlast updated\n\n10 July 2025\n\nContributions from   \n [Katie Williams](https:\/\/moneyweek.com\/author\/katie-williams)\n\nin [Advice](https:\/\/moneyweek.com\/advice)\n\nWhen you purchase through links on our site, we may earn an affiliate commission. [Here’s how it works](https:\/\/moneyweek.com\/about-us).\n\n![CGI image of bitcoin cryptocurrency](https:\/\/cdn.mos.cms.futurecdn.net\/bTSqD6w7TZsS8L78SJaJdT.jpg)\n\n(Image credit: Westend61 via Getty Images)\n\nShare\n\n- Copy link\n- [Facebook](https:\/\/www.facebook.com\/sharer\/sharer.php?u=https%3A%2F%2Fmoneyweek.com%2Finvestments%2Fbitcoin-hits-new-heights)\n- [X](https:\/\/twitter.com\/intent\/tweet?text=Bitcoin+hits+new+high+-+should+you+invest+in+the+cryptocurrency%3F&url=https%3A%2F%2Fmoneyweek.com%2Finvestments%2Fbitcoin-hits-new-heights)\n- [Linkedin](https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https%3A%2F%2Fmoneyweek.com%2Finvestments%2Fbitcoin-hits-new-heights&title=Bitcoin+hits+new+high+-+should+you+invest+in+the+cryptocurrency%3F&source=moneyweek.com)\n- [Whatsapp](whatsapp:\/\/send?text=Bitcoin+hits+new+high+-+should+you+invest+in+the+cryptocurrency%3F+https%3A%2F%2Fmoneyweek.com%2Finvestments%2Fbitcoin-hits-new-heights?fwa)\n- [Pinterest](https:\/\/pinterest.com\/pin\/create\/button\/?url=https%3A%2F%2Fmoneyweek.com%2Finvestments%2Fbitcoin-hits-new-heights&media=https%3A%2F%2Fcdn.mos.cms.futurecdn.net%2FbTSqD6w7TZsS8L78SJaJdT.jpg)\n\nShare this article\n\nJoin the conversation\n\n[Follow us](https:\/\/google.com\/preferences\/source?q=moneyweek.com)\n\nAdd us as a preferred source on Google\n\nNewsletter\n\nSign up for MoneyWeek's newsletters\n\nGet the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.\n\n***\nBy signing up, you agree to our [Terms of services](https:\/\/futureplc.com\/terms-conditions\/)  and acknowledge that you have read our [Privacy Notice](https:\/\/futureplc.com\/privacy-policy). You also agree to receive marketing emails from us that may include promotions from our trusted partners and sponsors, which you can unsubscribe from at any time.\n\nYou are now subscribed\n\nYour newsletter sign-up was successful\n\n***\nWant to add more newsletters?\n\n![MoneyWeek](https:\/\/cdn.mos.cms.futurecdn.net\/RSw2hKBafSs5jVhB7NSssR.jpg)\n\nTwice daily\n\nMoneyWeek\n\nGet the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.\n\nSubscribe +\n\n![Look After My Bills](https:\/\/cdn.mos.cms.futurecdn.net\/NkHpFbPV4jfQGCxvA2vAqR.jpg)\n\nFour times a week\n\nLook After My Bills\n\nSign up to our free money-saving newsletter, filled with the latest news and expert advice to help you find the best tips and deals for managing your bills. Start saving today\\!\n\nSubscribe +\n\n***\nAn account already exists for this email address, please log in.\n\nSubscribe to our newsletter\n\nBitcoin has surged to a new record high as the cryptocurrency's bull run continues.\n\nThe [Bitcoin price](https:\/\/moneyweek.com\/investments\/alternative-finance\/bitcoin\/602771\/beginners-guide-to-bitcoin-what-is-bitcoin) surpassed a new record of \\$112,000 on Wednesday 9 July, before settling back at around \\$111,300.\n\nThe crypto asset has seen its value rise by 18% so far this year and is up approximately 1,100% over the last five years.\n\n## Try 6 free issues of MoneyWeek today\nGet unparalleled financial insight, analysis and expert opinion you can profit from.\n\n[Start your trial](https:\/\/moneyweek.com\/subscription\/subscribe?channel=brandsite&utm_medium=referral&utm_source=moneyweek.com&utm_campaign=mwk-all-digital_referral-uctbc-202512-sub-none-fallbk26-ctrl&utm_content=in-article)\n\n![https:\/\/cdn.mos.cms.futurecdn.net\/flexiimages\/mw70aro6gl1676370748.jpg](https:\/\/cdn.mos.cms.futurecdn.net\/flexiimages\/mw70aro6gl1676370748.jpg)\n\n## Sign up to Money Morning\nDon't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter\n\nDon't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter\n\n[Sign up](https:\/\/moneyweek.com\/sign-up-to-money-morning)\n\nThe rise has been attributed to increasing institutional interest in the digital currency, helped by the Securities and Exchange Commission (SEC) approving spot [Bitcoin exchange traded funds](https:\/\/moneyweek.com\/investments\/bitcoin-crypto\/us-regulator-approves-bitcoin-exchange-traded-funds-but-risks-remain) (ETFs).\n\nLatest Videos From MoneyWeek\n\nUS president [Donald Trump](https:\/\/moneyweek.com\/economy\/people\/what-is-donald-trumps-net-worth) is also doing his bit for the digital currency.\n\nHe is seen as Bitcoin-friendly and hinted at the possibility of a “strategic Bitcoin reserve” while campaigning.\n\nAdditionally, his new [trade tariffs](https:\/\/moneyweek.com\/economy\/global-economy\/trump-liberation-day-new-tariffs) have prompted many investors to look to alternative assets such as cryptocurrencies due to stock market volatility.\n\nNick Jones, chief executive of crypto software provider Zumo, said: “The rise is underpinned by increasing institutional adoption and resurgent retail demand, reflecting confidence that crypto has arrived in the mainstream and is now reshaping finance.\n\n“There's also growing corporate interest in Bitcoin as a treasury asset,” he added, highlighting that the United Arab Emirates is making headlines with its decision to integrate cryptocurrency payments in areas such as school fees and transportation.\n\nJones hopes that the UK will follow suit with its [crypto policy.](https:\/\/moneyweek.com\/investments\/bitcoin-crypto\/cryptoasset-new-rules-regulation)\n\nDespite the increased interest among investors, the asset remains largely unregulated and highly volatile, which means there could be quick and major changes in its price.\n\nThis has led some to question how long the bull market can continue – and whether it is worth the risk in the first place.\n\n## Why is the Bitcoin price rising?\nUnlike [stocks](https:\/\/moneyweek.com\/investments\/605633\/share-tips) that have underlying fundamentals, the main factor driving Bitcoin is sentiment.\n\nInvestor interest has increased since the launch of Bitcoin ETFs and Blackrock is now the largest holder of the [cryptocurrency](https:\/\/moneyweek.com\/investments\/alternative-finance\/bitcoin-crypto), with its iShares Bitcoin Trust (IBIT) owning 700,307 BTC.\n\n[Financial Conduct Authority](https:\/\/moneyweek.com\/tag\/financial-conduct-authority) data shows 12% of UK adults now own crypto, despite the City watchdog warning that people could lose all their money from it.\n\nAnother factor is supply.\n\nPublic and private companies, funds and ETFs now command roughly 3.5 million bitcoin or about 17% of the fixed 21 million supply, up from 2.6 million just a year ago, according to eToro.\n\nSimon Peters, crypto analyst at eToro, said: “This increase in demand is putting further upwards pressure on the price.”\n\nThe price has also been helped by [Trump](https:\/\/moneyweek.com\/tag\/donald-trump) having more positive policies towards Bitcoin and has promised to make the US ‘the crypto capital of the planet.’\n\nThe US is also heading into ‘Crypto Week,’ where the House of Representatives will be considering three landmark pieces of legislation that, if passed, will provide a massive boost to and further legitimise the sector.\n\n[Tesla](https:\/\/moneyweek.com\/investments\/should-you-invest-in-tesla) boss [Elon Musk](https:\/\/moneyweek.com\/tag\/elon-musk) is also a Bitcoin fan and recently announced that his newly launched America Party will fully back Bitcoin.\n\nLukas Enzersdorfer-Konrad, deputy chief executive of crypto platform, Bitpanda, said that Bitcoin’s rise to new heights has been fuelled by a “perfect mix” of supportive macro conditions and a steady rise in institutional interest.\n\nHe said: “As liquidity returns to the market and the money supply expands in both Europe and the US, investors are looking for assets with real potential – and Bitcoin is increasingly seen as one of them.\n\n\"We’re seeing growing retail demand, still underpinned by strong ETF inflows and continued institutional adoption. All signs point to Bitcoin’s role as a mainstream asset becoming more firmly established than ever.\"\n\n## Should you invest in Bitcoin?\nThe returns may look attractive but Bitcoin and other cryptocurrencies are largely unregulated and can be subject to wild price swings and volatility. There are very few market fundamentals behind them beyond supply and demand.\n\nThis means you can make large gains but also devastating losses.\n\nThere have also been cases of fraud and [hacks](https:\/\/moneyweek.com\/investments\/tech-stocks\/buy-cybersecurity-stocks) of trading platforms, resulting in customer money being stolen.\n\nPeters added: “It’s hard not to be optimistic about bitcoin at this moment in time, but the risk of a fall in price or short-term pullback still exists.\n\n“Before investing in Bitcoin, potential investors should evaluate their time horizon and how long they are prepared to be invested for.\n\n“Only invest with money that you can afford to lose and rather than deploying all of your capital at one time maybe consider dollar-cost-averaging (i.e. investing a fixed amount of money at regular intervals) as this could reduce the risk of investing right before a downturn in the price and also lower your average cost basis, giving you a greater return in the long run.\"\n\nThe Financial Conduct Authority (FCA) has warned that cryptocurrency investors should be prepared to lose all their money. It isn’t a good asset for beginners and should not form a core part of your portfolio.\n\nIf you understand the risks and are still keen to have some exposure, you could consider a small allocation as part of a broadly-diversified portfolio. Make sure you use a recognised trading platform and be wary of [crypto scams](https:\/\/moneyweek.com\/investments\/how-to-protect-yourself-from-crypto-scams).\n\nWhile cryptocurrencies aren't regulated, platforms that let you buy and sell them should be approved for anti-money laundering purposes by the FCA and should appear on its [register of cryptoasset firms.](https:\/\/register.fca.org.uk\/s\/search?predefined=CA)\n\nSign up for MoneyWeek's newsletters\n\nGet the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.\n\nBy signing up, you agree to our [Terms of services](https:\/\/futureplc.com\/terms-conditions\/)  and acknowledge that you have read our [Privacy Notice](https:\/\/futureplc.com\/privacy-policy). You also agree to receive marketing emails from us that may include promotions from our trusted partners and sponsors, which you can unsubscribe from at any time.\n\n![Marc Shoffman](https:\/\/cdn.mos.cms.futurecdn.net\/n5X4chjExnu5mxxVzuuyp5.png)\n\n[Marc Shoffman](https:\/\/moneyweek.com\/author\/marc-shoffman)\n\nSocial Links Navigation\n\nContributing editor\n\nMarc Shoffman is an award-winning freelance journalist specialising in business, personal finance and property. His work has appeared in print and online publications ranging from FT Business to The Times, Mail on Sunday and the i newspaper. 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England and Wales company registration number 2008885.","attrs_readable_markdown":"Bitcoin has surged to a new record high as the cryptocurrency's bull run continues.\n\nThe [Bitcoin price](https:\/\/moneyweek.com\/investments\/alternative-finance\/bitcoin\/602771\/beginners-guide-to-bitcoin-what-is-bitcoin) surpassed a new record of \\$112,000 on Wednesday 9 July, before settling back at around \\$111,300.\n\n## Try 6 free issues of MoneyWeek today\nGet unparalleled financial insight, analysis and expert opinion you can profit from.\n\n[Start your trial](https:\/\/moneyweek.com\/subscription\/subscribe?channel=brandsite&utm_medium=referral&utm_source=moneyweek.com&utm_campaign=mwk-all-digital_referral-uctbc-202512-sub-none-fallbk26-ctrl&utm_content=in-article)\n\n## Sign up to Money Morning\nDon't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter\n\nDon't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter\n\nLatest Videos From MoneyWeek\n\nHe is seen as Bitcoin-friendly and hinted at the possibility of a “strategic Bitcoin reserve” while campaigning.\n\nNick Jones, chief executive of crypto software provider Zumo, said: “The rise is underpinned by increasing institutional adoption and resurgent retail demand, reflecting confidence that crypto has arrived in the mainstream and is now reshaping finance.\n\n“There's also growing corporate interest in Bitcoin as a treasury asset,” he added, highlighting that the United Arab Emirates is making headlines with its decision to integrate cryptocurrency payments in areas such as school fees and transportation.\n\nThis has led some to question how long the bull market can continue – and whether it is worth the risk in the first place.\n\n## Why is the Bitcoin price rising?\nUnlike [stocks](https:\/\/moneyweek.com\/investments\/605633\/share-tips) that have underlying fundamentals, the main factor driving Bitcoin is sentiment.\n\nInvestor interest has increased since the launch of Bitcoin ETFs and Blackrock is now the largest holder of the [cryptocurrency](https:\/\/moneyweek.com\/investments\/alternative-finance\/bitcoin-crypto), with its iShares Bitcoin Trust (IBIT) owning 700,307 BTC.\n\n[Financial Conduct Authority](https:\/\/moneyweek.com\/tag\/financial-conduct-authority) data shows 12% of UK adults now own crypto, despite the City watchdog warning that people could lose all their money from it.\n\nAnother factor is supply.\n\nPublic and private companies, funds and ETFs now command roughly 3.5 million bitcoin or about 17% of the fixed 21 million supply, up from 2.6 million just a year ago, according to eToro.\n\nSimon Peters, crypto analyst at eToro, said: “This increase in demand is putting further upwards pressure on the price.”\n\nThe price has also been helped by [Trump](https:\/\/moneyweek.com\/tag\/donald-trump) having more positive policies towards Bitcoin and has promised to make the US ‘the crypto capital of the planet.’\n\nThe US is also heading into ‘Crypto Week,’ where the House of Representatives will be considering three landmark pieces of legislation that, if passed, will provide a massive boost to and further legitimise the sector.\n\n[Tesla](https:\/\/moneyweek.com\/investments\/should-you-invest-in-tesla) boss [Elon Musk](https:\/\/moneyweek.com\/tag\/elon-musk) is also a Bitcoin fan and recently announced that his newly launched America Party will fully back Bitcoin.\n\nLukas Enzersdorfer-Konrad, deputy chief executive of crypto platform, Bitpanda, said that Bitcoin’s rise to new heights has been fuelled by a “perfect mix” of supportive macro conditions and a steady rise in institutional interest.\n\nHe said: “As liquidity returns to the market and the money supply expands in both Europe and the US, investors are looking for assets with real potential – and Bitcoin is increasingly seen as one of them.\n\n\"We’re seeing growing retail demand, still underpinned by strong ETF inflows and continued institutional adoption. All signs point to Bitcoin’s role as a mainstream asset becoming more firmly established than ever.\"\n\nThe returns may look attractive but Bitcoin and other cryptocurrencies are largely unregulated and can be subject to wild price swings and volatility. There are very few market fundamentals behind them beyond supply and demand.\n\nThis means you can make large gains but also devastating losses.\n\nThere have also been cases of fraud and [hacks](https:\/\/moneyweek.com\/investments\/tech-stocks\/buy-cybersecurity-stocks) of trading platforms, resulting in customer money being stolen.\n\nPeters added: “It’s hard not to be optimistic about bitcoin at this moment in time, but the risk of a fall in price or short-term pullback still exists.\n\n“Before investing in Bitcoin, potential investors should evaluate their time horizon and how long they are prepared to be invested for.\n\n“Only invest with money that you can afford to lose and rather than deploying all of your capital at one time maybe consider dollar-cost-averaging (i.e. investing a fixed amount of money at regular intervals) as this could reduce the risk of investing right before a downturn in the price and also lower your average cost basis, giving you a greater return in the long run.\"\n\nThe Financial Conduct Authority (FCA) has warned that cryptocurrency investors should be prepared to lose all their money. It isn’t a good asset for beginners and should not form a core part of your portfolio.\n\nIf you understand the risks and are still keen to have some exposure, you could consider a small allocation as part of a broadly-diversified portfolio. Make sure you use a recognised trading platform and be wary of [crypto scams](https:\/\/moneyweek.com\/investments\/how-to-protect-yourself-from-crypto-scams).\n\nWhile cryptocurrencies aren't regulated, platforms that let you buy and sell them should be approved for anti-money laundering purposes by the FCA and should appear on its [register of cryptoasset firms.](https:\/\/register.fca.org.uk\/s\/search?predefined=CA)","meta_canonical":null}

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Meta Title	Bitcoin hits new high - should you invest in the cryptocurrency? \| MoneyWeek
Meta Description	The Bitcoin price has hit a record high of $112,000 as investor interest grows, but it remains a risky asset
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Boilerpipe Text	Bitcoin has surged to a new record high as the cryptocurrency's bull run continues. The Bitcoin price surpassed a new record of $112,000 on Wednesday 9 July, before settling back at around $111,300. Try 6 free issues of MoneyWeek today Get unparalleled financial insight, analysis and expert opinion you can profit from. Start your trial Sign up to Money Morning Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter Latest Videos From MoneyWeek He is seen as Bitcoin-friendly and hinted at the possibility of a “strategic Bitcoin reserve” while campaigning. Nick Jones, chief executive of crypto software provider Zumo, said: “The rise is underpinned by increasing institutional adoption and resurgent retail demand, reflecting confidence that crypto has arrived in the mainstream and is now reshaping finance. “There's also growing corporate interest in Bitcoin as a treasury asset,” he added, highlighting that the United Arab Emirates is making headlines with its decision to integrate cryptocurrency payments in areas such as school fees and transportation. This has led some to question how long the bull market can continue – and whether it is worth the risk in the first place. Why is the Bitcoin price rising? Unlike stocks that have underlying fundamentals, the main factor driving Bitcoin is sentiment. Investor interest has increased since the launch of Bitcoin ETFs and Blackrock is now the largest holder of the cryptocurrency , with its iShares Bitcoin Trust (IBIT) owning 700,307 BTC. Financial Conduct Authority data shows 12% of UK adults now own crypto, despite the City watchdog warning that people could lose all their money from it. Another factor is supply. Public and private companies, funds and ETFs now command roughly 3.5 million bitcoin or about 17% of the fixed 21 million supply, up from 2.6 million just a year ago, according to eToro. Simon Peters, crypto analyst at eToro, said: “This increase in demand is putting further upwards pressure on the price.” The price has also been helped by Trump having more positive policies towards Bitcoin and has promised to make the US ‘the crypto capital of the planet.’ The US is also heading into ‘Crypto Week,’ where the House of Representatives will be considering three landmark pieces of legislation that, if passed, will provide a massive boost to and further legitimise the sector. Tesla boss Elon Musk is also a Bitcoin fan and recently announced that his newly launched America Party will fully back Bitcoin. Lukas Enzersdorfer-Konrad, deputy chief executive of crypto platform, Bitpanda, said that Bitcoin’s rise to new heights has been fuelled by a “perfect mix” of supportive macro conditions and a steady rise in institutional interest. He said: “As liquidity returns to the market and the money supply expands in both Europe and the US, investors are looking for assets with real potential – and Bitcoin is increasingly seen as one of them. "We’re seeing growing retail demand, still underpinned by strong ETF inflows and continued institutional adoption. All signs point to Bitcoin’s role as a mainstream asset becoming more firmly established than ever." The returns may look attractive but Bitcoin and other cryptocurrencies are largely unregulated and can be subject to wild price swings and volatility. There are very few market fundamentals behind them beyond supply and demand. This means you can make large gains but also devastating losses. There have also been cases of fraud and hacks of trading platforms, resulting in customer money being stolen. Peters added: “It’s hard not to be optimistic about bitcoin at this moment in time, but the risk of a fall in price or short-term pullback still exists. “Before investing in Bitcoin, potential investors should evaluate their time horizon and how long they are prepared to be invested for. “Only invest with money that you can afford to lose and rather than deploying all of your capital at one time maybe consider dollar-cost-averaging (i.e. investing a fixed amount of money at regular intervals) as this could reduce the risk of investing right before a downturn in the price and also lower your average cost basis, giving you a greater return in the long run." The Financial Conduct Authority (FCA) has warned that cryptocurrency investors should be prepared to lose all their money. It isn’t a good asset for beginners and should not form a core part of your portfolio. If you understand the risks and are still keen to have some exposure, you could consider a small allocation as part of a broadly-diversified portfolio. Make sure you use a recognised trading platform and be wary of crypto scams . While cryptocurrencies aren't regulated, platforms that let you buy and sell them should be approved for anti-money laundering purposes by the FCA and should appear on its register of cryptoasset firms.
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[Investing](https://moneyweek.com/investments) # Bitcoin hits new high - should you invest in the cryptocurrency? The Bitcoin price has hit a record high of \$112,000 as investor interest grows, but it remains a risky asset ![Marc Shoffman's avatar](https://cdn.mos.cms.futurecdn.net/n5X4chjExnu5mxxVzuuyp5-200-80.png) By [Marc Shoffman](https://moneyweek.com/author/marc-shoffman) last updated 10 July 2025 Contributions from [Katie Williams](https://moneyweek.com/author/katie-williams) in [Advice](https://moneyweek.com/advice) When you purchase through links on our site, we may earn an affiliate commission. [Here’s how it works](https://moneyweek.com/about-us). ![CGI image of bitcoin cryptocurrency](https://cdn.mos.cms.futurecdn.net/bTSqD6w7TZsS8L78SJaJdT.jpg) (Image credit: Westend61 via Getty Images) Share - Copy link - [Facebook](https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fmoneyweek.com%2Finvestments%2Fbitcoin-hits-new-heights) - [X](https://twitter.com/intent/tweet?text=Bitcoin+hits+new+high+-+should+you+invest+in+the+cryptocurrency%3F&url=https%3A%2F%2Fmoneyweek.com%2Finvestments%2Fbitcoin-hits-new-heights) - [Linkedin](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fmoneyweek.com%2Finvestments%2Fbitcoin-hits-new-heights&title=Bitcoin+hits+new+high+-+should+you+invest+in+the+cryptocurrency%3F&source=moneyweek.com) - [Whatsapp](whatsapp://send?text=Bitcoin+hits+new+high+-+should+you+invest+in+the+cryptocurrency%3F+https%3A%2F%2Fmoneyweek.com%2Finvestments%2Fbitcoin-hits-new-heights?fwa) - [Pinterest](https://pinterest.com/pin/create/button/?url=https%3A%2F%2Fmoneyweek.com%2Finvestments%2Fbitcoin-hits-new-heights&media=https%3A%2F%2Fcdn.mos.cms.futurecdn.net%2FbTSqD6w7TZsS8L78SJaJdT.jpg) Share this article Join the conversation [Follow us](https://google.com/preferences/source?q=moneyweek.com) Add us as a preferred source on Google Newsletter Sign up for MoneyWeek's newsletters Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances. * By signing up, you agree to our [Terms of services](https://futureplc.com/terms-conditions/) and acknowledge that you have read our [Privacy Notice](https://futureplc.com/privacy-policy). 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Subscribe to our newsletter Bitcoin has surged to a new record high as the cryptocurrency's bull run continues. The [Bitcoin price](https://moneyweek.com/investments/alternative-finance/bitcoin/602771/beginners-guide-to-bitcoin-what-is-bitcoin) surpassed a new record of \$112,000 on Wednesday 9 July, before settling back at around \$111,300. The crypto asset has seen its value rise by 18% so far this year and is up approximately 1,100% over the last five years. ## Try 6 free issues of MoneyWeek today Get unparalleled financial insight, analysis and expert opinion you can profit from. [Start your trial](https://moneyweek.com/subscription/subscribe?channel=brandsite&utm_medium=referral&utm_source=moneyweek.com&utm_campaign=mwk-all-digital_referral-uctbc-202512-sub-none-fallbk26-ctrl&utm_content=in-article) ![https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg](https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg) ## Sign up to Money Morning Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter [Sign up](https://moneyweek.com/sign-up-to-money-morning) The rise has been attributed to increasing institutional interest in the digital currency, helped by the Securities and Exchange Commission (SEC) approving spot [Bitcoin exchange traded funds](https://moneyweek.com/investments/bitcoin-crypto/us-regulator-approves-bitcoin-exchange-traded-funds-but-risks-remain) (ETFs). Latest Videos From MoneyWeek US president [Donald Trump](https://moneyweek.com/economy/people/what-is-donald-trumps-net-worth) is also doing his bit for the digital currency. He is seen as Bitcoin-friendly and hinted at the possibility of a “strategic Bitcoin reserve” while campaigning. Additionally, his new [trade tariffs](https://moneyweek.com/economy/global-economy/trump-liberation-day-new-tariffs) have prompted many investors to look to alternative assets such as cryptocurrencies due to stock market volatility. Nick Jones, chief executive of crypto software provider Zumo, said: “The rise is underpinned by increasing institutional adoption and resurgent retail demand, reflecting confidence that crypto has arrived in the mainstream and is now reshaping finance. “There's also growing corporate interest in Bitcoin as a treasury asset,” he added, highlighting that the United Arab Emirates is making headlines with its decision to integrate cryptocurrency payments in areas such as school fees and transportation. Jones hopes that the UK will follow suit with its [crypto policy.](https://moneyweek.com/investments/bitcoin-crypto/cryptoasset-new-rules-regulation) Despite the increased interest among investors, the asset remains largely unregulated and highly volatile, which means there could be quick and major changes in its price. This has led some to question how long the bull market can continue – and whether it is worth the risk in the first place. ## Why is the Bitcoin price rising? Unlike [stocks](https://moneyweek.com/investments/605633/share-tips) that have underlying fundamentals, the main factor driving Bitcoin is sentiment. Investor interest has increased since the launch of Bitcoin ETFs and Blackrock is now the largest holder of the [cryptocurrency](https://moneyweek.com/investments/alternative-finance/bitcoin-crypto), with its iShares Bitcoin Trust (IBIT) owning 700,307 BTC. [Financial Conduct Authority](https://moneyweek.com/tag/financial-conduct-authority) data shows 12% of UK adults now own crypto, despite the City watchdog warning that people could lose all their money from it. Another factor is supply. Public and private companies, funds and ETFs now command roughly 3.5 million bitcoin or about 17% of the fixed 21 million supply, up from 2.6 million just a year ago, according to eToro. Simon Peters, crypto analyst at eToro, said: “This increase in demand is putting further upwards pressure on the price.” The price has also been helped by [Trump](https://moneyweek.com/tag/donald-trump) having more positive policies towards Bitcoin and has promised to make the US ‘the crypto capital of the planet.’ The US is also heading into ‘Crypto Week,’ where the House of Representatives will be considering three landmark pieces of legislation that, if passed, will provide a massive boost to and further legitimise the sector. [Tesla](https://moneyweek.com/investments/should-you-invest-in-tesla) boss [Elon Musk](https://moneyweek.com/tag/elon-musk) is also a Bitcoin fan and recently announced that his newly launched America Party will fully back Bitcoin. Lukas Enzersdorfer-Konrad, deputy chief executive of crypto platform, Bitpanda, said that Bitcoin’s rise to new heights has been fuelled by a “perfect mix” of supportive macro conditions and a steady rise in institutional interest. He said: “As liquidity returns to the market and the money supply expands in both Europe and the US, investors are looking for assets with real potential – and Bitcoin is increasingly seen as one of them. "We’re seeing growing retail demand, still underpinned by strong ETF inflows and continued institutional adoption. All signs point to Bitcoin’s role as a mainstream asset becoming more firmly established than ever." ## Should you invest in Bitcoin? The returns may look attractive but Bitcoin and other cryptocurrencies are largely unregulated and can be subject to wild price swings and volatility. There are very few market fundamentals behind them beyond supply and demand. This means you can make large gains but also devastating losses. There have also been cases of fraud and [hacks](https://moneyweek.com/investments/tech-stocks/buy-cybersecurity-stocks) of trading platforms, resulting in customer money being stolen. Peters added: “It’s hard not to be optimistic about bitcoin at this moment in time, but the risk of a fall in price or short-term pullback still exists. “Before investing in Bitcoin, potential investors should evaluate their time horizon and how long they are prepared to be invested for. “Only invest with money that you can afford to lose and rather than deploying all of your capital at one time maybe consider dollar-cost-averaging (i.e. investing a fixed amount of money at regular intervals) as this could reduce the risk of investing right before a downturn in the price and also lower your average cost basis, giving you a greater return in the long run." The Financial Conduct Authority (FCA) has warned that cryptocurrency investors should be prepared to lose all their money. It isn’t a good asset for beginners and should not form a core part of your portfolio. If you understand the risks and are still keen to have some exposure, you could consider a small allocation as part of a broadly-diversified portfolio. Make sure you use a recognised trading platform and be wary of [crypto scams](https://moneyweek.com/investments/how-to-protect-yourself-from-crypto-scams). While cryptocurrencies aren't regulated, platforms that let you buy and sell them should be approved for anti-money laundering purposes by the FCA and should appear on its [register of cryptoasset firms.](https://register.fca.org.uk/s/search?predefined=CA) Sign up for MoneyWeek's newsletters Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances. By signing up, you agree to our [Terms of services](https://futureplc.com/terms-conditions/) and acknowledge that you have read our [Privacy Notice](https://futureplc.com/privacy-policy). 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Readable Markdown	Bitcoin has surged to a new record high as the cryptocurrency's bull run continues. The [Bitcoin price](https://moneyweek.com/investments/alternative-finance/bitcoin/602771/beginners-guide-to-bitcoin-what-is-bitcoin) surpassed a new record of \$112,000 on Wednesday 9 July, before settling back at around \$111,300. ## Try 6 free issues of MoneyWeek today Get unparalleled financial insight, analysis and expert opinion you can profit from. [Start your trial](https://moneyweek.com/subscription/subscribe?channel=brandsite&utm_medium=referral&utm_source=moneyweek.com&utm_campaign=mwk-all-digital_referral-uctbc-202512-sub-none-fallbk26-ctrl&utm_content=in-article) ## Sign up to Money Morning Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter Latest Videos From MoneyWeek He is seen as Bitcoin-friendly and hinted at the possibility of a “strategic Bitcoin reserve” while campaigning. Nick Jones, chief executive of crypto software provider Zumo, said: “The rise is underpinned by increasing institutional adoption and resurgent retail demand, reflecting confidence that crypto has arrived in the mainstream and is now reshaping finance. “There's also growing corporate interest in Bitcoin as a treasury asset,” he added, highlighting that the United Arab Emirates is making headlines with its decision to integrate cryptocurrency payments in areas such as school fees and transportation. This has led some to question how long the bull market can continue – and whether it is worth the risk in the first place. ## Why is the Bitcoin price rising? Unlike [stocks](https://moneyweek.com/investments/605633/share-tips) that have underlying fundamentals, the main factor driving Bitcoin is sentiment. Investor interest has increased since the launch of Bitcoin ETFs and Blackrock is now the largest holder of the [cryptocurrency](https://moneyweek.com/investments/alternative-finance/bitcoin-crypto), with its iShares Bitcoin Trust (IBIT) owning 700,307 BTC. [Financial Conduct Authority](https://moneyweek.com/tag/financial-conduct-authority) data shows 12% of UK adults now own crypto, despite the City watchdog warning that people could lose all their money from it. Another factor is supply. Public and private companies, funds and ETFs now command roughly 3.5 million bitcoin or about 17% of the fixed 21 million supply, up from 2.6 million just a year ago, according to eToro. Simon Peters, crypto analyst at eToro, said: “This increase in demand is putting further upwards pressure on the price.” The price has also been helped by [Trump](https://moneyweek.com/tag/donald-trump) having more positive policies towards Bitcoin and has promised to make the US ‘the crypto capital of the planet.’ The US is also heading into ‘Crypto Week,’ where the House of Representatives will be considering three landmark pieces of legislation that, if passed, will provide a massive boost to and further legitimise the sector. [Tesla](https://moneyweek.com/investments/should-you-invest-in-tesla) boss [Elon Musk](https://moneyweek.com/tag/elon-musk) is also a Bitcoin fan and recently announced that his newly launched America Party will fully back Bitcoin. Lukas Enzersdorfer-Konrad, deputy chief executive of crypto platform, Bitpanda, said that Bitcoin’s rise to new heights has been fuelled by a “perfect mix” of supportive macro conditions and a steady rise in institutional interest. He said: “As liquidity returns to the market and the money supply expands in both Europe and the US, investors are looking for assets with real potential – and Bitcoin is increasingly seen as one of them. "We’re seeing growing retail demand, still underpinned by strong ETF inflows and continued institutional adoption. All signs point to Bitcoin’s role as a mainstream asset becoming more firmly established than ever." The returns may look attractive but Bitcoin and other cryptocurrencies are largely unregulated and can be subject to wild price swings and volatility. There are very few market fundamentals behind them beyond supply and demand. This means you can make large gains but also devastating losses. There have also been cases of fraud and [hacks](https://moneyweek.com/investments/tech-stocks/buy-cybersecurity-stocks) of trading platforms, resulting in customer money being stolen. Peters added: “It’s hard not to be optimistic about bitcoin at this moment in time, but the risk of a fall in price or short-term pullback still exists. “Before investing in Bitcoin, potential investors should evaluate their time horizon and how long they are prepared to be invested for. “Only invest with money that you can afford to lose and rather than deploying all of your capital at one time maybe consider dollar-cost-averaging (i.e. investing a fixed amount of money at regular intervals) as this could reduce the risk of investing right before a downturn in the price and also lower your average cost basis, giving you a greater return in the long run." The Financial Conduct Authority (FCA) has warned that cryptocurrency investors should be prepared to lose all their money. It isn’t a good asset for beginners and should not form a core part of your portfolio. If you understand the risks and are still keen to have some exposure, you could consider a small allocation as part of a broadly-diversified portfolio. Make sure you use a recognised trading platform and be wary of [crypto scams](https://moneyweek.com/investments/how-to-protect-yourself-from-crypto-scams). While cryptocurrencies aren't regulated, platforms that let you buy and sell them should be approved for anti-money laundering purposes by the FCA and should appear on its [register of cryptoasset firms.](https://register.fca.org.uk/s/search?predefined=CA)
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