Bitcoin Breaks Fresh $118K All-Time High as Crypto Rally Accelerates
ETH pushed past $3K earlier today for the first time since February.
Major digital asset prices continued to rally on Friday, July 11, with Bitcoin (BTC) setting another new all-time high after blasting through multiple new ATH levels to break above $118,000 early this morning – just a day after surpassing $112,000 for the first time ever.
Since then, the world’s largest digital asset has slightly retraced to $117,740, still up 6% on the day and 9% over the week. BTC’s market capitalization currently stands at approximately $2.34 trillion.
“Bitcoin is entering new territory for price discovery, breaking a months-long range and surpassing its May peak with fresh highs over $116K,” said…