July 10, 2025 – (Lagos, Nigeria) Na wah! The crypto world don scatter ground as Bitcoin don burst new record, hitting $112,000 on July 9. This palaver no just come from anywhere, e dey show say US investors dey throw their money like small chops for the market.
The latest rally com coincide with wetin dem dey call the ‘Coinbase Premium’ don dey rise sharply. This premium dey track the price difference between Bitcoin for Coinbase (US market) and offshores like Binance. As e be, Bitcoin dey sell for over $48 higher on Coinbase during di peak of di surge – na serious buying palm wine be this o!
Earlier for di week, the premium don reach $87.76 – e mean say US investor interest dey strong like jollof rice after party. This current price level no be before now, as Bitcoin don dey navigate its way out of di month-long gearbox wey e dey held before now, breaking out big time!
No be all about di price o, e show say both institutional and retail investors dey jom together to put money for di crypto pot. All this na wetin dem dey call a barometer for US Bitcoin demand, and right now, the pulse dey beat strong.
According to crypto experts, Bitcoin price fit jump higher like say dem dey chase tail of dog. Institutional investors don dey see Bitcoin as alternative to keep their money safe, particularly with inflation dey shine eye for USD. This shift fit push Bitcoin to even greater skies.
We sabi say e no just end for price spike; about $340 million short positions don dey liquidate sharp-sharp, as traders dey scramble do forced buying. Dis only confirm say dem no fit sleep on top Bitcoin anymore. If dem no follow, e go pass dem like rush hour traffic for Lagos!
Looking forward, strategic collaborations don dey pop up as firms like GameStop jump into crypto matter while other companies dey follow suit with serious treasury allocations. All these moves dey show say crypto na the new kid for town and everybody wan play!
From di look of things, Bitcoin don enter di next level of global acceptance and adoption. But make I yarn you true, dis crypto market dey volatile like market woman wey face dem with change. Investors go still need eye-open for sudden shifts.
As e be now, Bitcoin dey trend toward a hopeful target of $146,400, with signs say dem fit still dey buy more. Institutions dey accumulate, ETFs dey flow in, and Bitcoin na buy wey no go stop too soon.
So, my padi, na here we dey – Bitcoin dey shine bright, and e no look like e go dim anytime soon. Hold your glasses tight, as we dey enter di new era of digital gold!