Bitcoin Surges 23% to $112,000 on Trump Family and Institutional Demand

Bitcoin's recent ascent to a new all-time high above $112,000 has led to significant liquidations among retail traders, underscoring the market's volatility and the substantial influence of institutional demand. The cryptocurrency's price has been propelled by favorable macroeconomic conditions and increasing interest from prominent figures, notably the Trump family, who have been discreetly expanding their crypto holdings. Donald Trump Jr.'s recent $4 million investment in Thumzup Media, a corporate Bitcoin holder, exemplifies the family's dedication to digital assets. Thumzup, which began accumulating BTC in January 2025, is now diversifying into altcoins, including Ethereum, Solana, Dogecoin, and XRP, as part of a broader crypto treasury strategy.

The Trump family's growing involvement in crypto is part of a broader trend of institutional interest in Bitcoin. Corporate holdings of Bitcoin surged 23% in the second quarter of 2025, with 159,107 BTC added, valued at $17.6 billion. This brings total institutional holdings to 847,000 BTC, or 4% of Bitcoin’s supply. The number of public companies holding BTC also increased significantly, with 46 new firms added to the list, bringing the total to 125, a 58% quarterly gain. Notable names include MicroStrategy, MARA Holdings, Twenty One, and Metaplanet. GameStop and Trump Media are also looking to raise $2.5 billion for BTC buys, indicating a strategic and aggressive long-term accumulation by institutions.

From a technical perspective, Bitcoin's breakout from the symmetrical triangle is confirmed. The price has broken above the descending resistance and reclaimed the 50-SMA on the 2-hour chart at $109,200, accompanied by increased volume. Bitcoin is now consolidating just below $112,012 resistance, printing small-bodied candles—a classic bullish continuation. The RSI is at 64.3, indicating room to run before overbought levels are reached. No divergence is present, suggesting that the bullish momentum is intact.

The Trump family’s renewed interest and record institutional accumulation are providing Bitcoin with a strong narrative and technical tailwind. With price structure intact and RSI in favor of bulls, a push to $113,772 looks likely if $112K is broken with volume. The market structure remains bullish across higher timeframes, with repeated Breaks of Structure (BOS) seen on Smart Money charts. Liquidity remains clustered above key support levels, indicating that buyers are ready to defend these levels.

In conclusion, Bitcoin's recent surge above $112,000 has been driven by a combination of macroeconomic tailwinds, institutional demand, and strategic investments by high-profile figures. The technical indicators suggest that the bullish momentum is likely to continue, with potential resistance levels at $112,897 and $113,772. The market's structure remains bullish, and liquidity is clustered above key support levels, indicating a strong foundation for further price appreciation.