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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34 Articles
Its price increased by 6 percent in one day.
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.
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.
Bitcoin Skyrockets to Historic Highs Amid Institutional Demand and Trump Policies
Bitcoin Skyrockets to Historic Highs Amid Institutional Demand and Trump Policies Bitcoin has achieved unprecedented highs, bolstered by demand from institutional investors and supportive measures enfostered under President Donald Trump's administration.The leading cryptocurrency reached an impressive peak of $116,046.44, surpassing its previous record of $113,734.64 set earlier the same day, marking a notable 24% growth this year. Significant c…
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