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Bitcoin Hits Another Record High

GLOBAL CRYPTOCURRENCY MARKETS, JUL 10 – Bitcoin surged nearly 96% year over year, hitting record highs twice in two days amid market optimism and expectations for regulatory easing, analysts say.

  • Bitcoin reached a new record high of $113,734.64 after rallying on Thursday, marking about 21 percent growth this year.
  • This surge followed President Donald Trump's November election and his March executive order establishing a strategic cryptocurrency reserve.
  • Trump also appointed crypto-friendly officials like Paul Atkins and David Sacks and his family's businesses have entered the crypto market.
  • An SEC filing on Tuesday revealed Trump Media & Technology Group plans to launch an exchange-traded fund investing in multiple crypto tokens including Bitcoin.
  • The rally reflects rising institutional demand, crypto-friendly policies, and growing corporate treasury holdings, suggesting increased mainstream adoption of cryptocurrencies.
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Its price increased by 6 percent in one day.

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The cryptocurrency Bitcoin recorded a significant increase within a short time and now stands at more than 116,000 dollars. This is also due to Donald Trump's policy.

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The price of the most famous cryptocurrency, bitcoin, climbed to a new record on Thursday, surpassing $116,000 (approximately 2.4 million crowns), Reuters reported on Friday night. According to the report, late Thursday evening, bitcoin surpassed the previous record of over $113,000, which the cryptocurrency reached earlier in the day.

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U.S. News broke the news in New York, United States on Thursday, July 10, 2025.
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