New All-Time High: Bitcoin climbed to $118 856 on Friday before settling just under $118 000—about $8 000 higher than a month ago and more than double its price this time last year. (Ap News)
ETF Inflows Driving Demand: Record inflows into spot Bitcoin ETFs—now open to a wider range of investors—are fueling the rally. (AP News)
U.S. Policy Tailwinds: A softer U.S. dollar and pro-crypto stance under Trump’s administration have lifted BTC to unprecedented levels. (Ap News)
Stablecoin Regulation on the Way: Last month, the Senate passed the GENIUS Act to establish guardrails for stablecoins; the House will vote next week. (AP News)
Watch for Volatility: Despite the surge, Bitcoin remains “highly volatile”—it dipped below $75,000 in April amid tariff-related sell-offs, proving rapid swings are part of the game. (AP News)
Bitcoin surged to new all-time highs, reaching approximately $118,600–$118,856 per coin on July 11, fueled by a wave of positive sentiment thanks to crypto-friendly policies and massive institutional inflows ($1 billion+ in ETF flows). #BTC #etf $BTC