Bitcoin price continues to reach new all-time highs, exceeding $118,000

Bitcoin price continues to reach new all-time highs, exceeding $118,000 Bitcoin price continues to reach new all-time highs, exceeding $118,000
Finance
July 11, 2025 10:34
Bitcoin price continues to reach new all-time highs, exceeding $118,000

The price of bitcoin continues to set new all-time highs, with the cryptocurrency surpassing the $118,000 mark, according to data from the Binance platform, Report informs via TASS.

As of 8:44 a.m. (GMT+3), the cryptocurrency broke through the $118,000 threshold, reaching a record $118,090, reflecting a 6.43% increase.

By 8:58 a.m., bitcoin’s growth had somewhat slowed, with its price standing at $117,812, representing a 6.05% gain.

On July 9, after trading in a range of $100,000 to $110,000 for a month and a half, bitcoin rose to $111,999, setting a new historical high. The last time bitcoin established an all-time high was on May 22, 2025, when the price climbed to $111,980.

Bitcoin is a decentralized system based on blockchain technology that supports the eponymous cryptocurrency, which can be "mined" by any user participating in the network. This process involves creating new blocks within the system.

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