Bitcoin Hits New Heights
On Friday, July 11, 2025, Bitcoin showcased remarkable growth, surpassing the $118,000 mark.
Recent trading data confirm this trend.
As of 6 AM, the value of Bitcoin stood at $118,239.
Since the start of the day, the cryptocurrency has increased by over 1% or $1,500.
Meanwhile, Ether, another popular cryptocurrency, is priced at $2,986.57, up 1.24% since the day's start.
According to CNBC, Bitcoin's growth began on Wednesday when investors returned to risky assets, providing a boost to cryptocurrencies.
Additionally, significant institutional purchases and positive sentiments on the regulatory front, as the US Congress makes progress on stablecoin legislation, have led investors to anticipate Bitcoin reaching new heights in the second half of the year.
Bitcoin continued its ascent on Thursday, May 22, 2025, reaching a record high of $111,886.
