Bitcoin Surpasses $116,000, with 2% Daily Increase

Bitcoin has surpassed $116,000, marking a significant milestone with a surge of approximately 2% over 24 hours, driven by major short liquidations of $1.745 billion and simultaneous rises in altcoins like Ethereum and Solana.

Bitcoin (BTC) has surpassed Bitcoin breaks $116,000, trading at $116,110 today. $116,000, trading at $116,110, up 2% over 24 hours, based on Binance data as of September 12, 2025.

This signifies a heightened BTC price surge, indicating broader market optimism, highlighted by institutional interest and significant short liquidations leading to extensive buy pressure.

Bitcoin’s Notable Milestone

Bitcoin’s recent surge past $116,000 marks a notable milestone, heavily influenced by institutional traders and market makers. According to Binance, this rally has resulted in a 2% price increase, pointing to positive sentiment across the cryptomarket. Major players like Binance have played an essential role in data consolidation, although no direct messages from leading figures like Satoshi Nakamoto or top executives of major exchanges currently exist.

Consequentially, the rise has sparked a wave of activity in the crypto space, with forced short liquidations estimated at $1.745 billion, creating buying pressure and elevating Bitcoin’s market presence. The overall cryptocurrency market has benefited from increased liquidity, illustrated by a rise in the total market cap surpassing $4 trillion. The repercussion extends to altcoins, with Ethereum reaching $4,500 and others like Solana and BNB seeing significant gains.

Financial Landscape and Trends

Amid these developments, the financial landscape reflects a trend of large institutional investments.

“The underlying driver of this market cycle is a monetary tailwind, and that remains intact, despite the risk of stagflation. Bitcoin, and crypto more broadly, are absorbing capital as a hedge against fiat dilution and long-term fiscal instability. They aren’t functioning solely as a bet on risk, like we’ve seen in past cycles.” — Shane Molidor, Founder, Forgd.

The anticipation of an interest rate cut by the Federal Reserve further aids this bullish trend. Twitter, Discord, and Telegram communities are predominantly optimistic, focusing on Bitcoin’s role as a hedge against economic uncertainties.

The current market momentum might sustain, with Bitcoin’s historical resistance breaks typically leading to widespread rallies in protocol-native tokens like ETH, SOL, and ADA. Coinbase’s $116,000 breach has similarly triggered capital rotations, fostering increased activity in DeFi and staking sectors as portfolio strategies adapt to shifting landscapes.