On Friday, July 11, 2025, Bitcoin surged again, reaching an impressive mark of over $118,000.

This is confirmed by the latest trading data.

As of 6 AM, the price of the world’s leading cryptocurrency stood at $118,239.

Since the beginning of the day, Bitcoin has risen by more than 1% or $1,500.

Meanwhile, Ether is priced at $2,986.57, up 1.24% since the start of the day.

According to CNBC, Bitcoin's rise began on Wednesday when investors returned to risky assets, boosting the cryptocurrency market.

Observers note that large institutional purchases and positive regulatory news, particularly progress on stablecoin legislation in the U.S. Congress, have raised hopes for Bitcoin's further rise in the second half of the year.

Previously, on May 22, 2025, Bitcoin also reached a record high of $111,886.