Bitcoin Hits Record High of $116,950 with 5.22% Surge on July 11

On July 11, Bitcoin experienced a significant upward momentum, reaching a new all-time high of $116,950, as reported by HT market data. This surge represents a robust 5.22% increase within a 24-hour trading window, underscoring strong market demand and investor confidence. The cryptocurrency’s performance highlights its continued dominance in the digital asset space, reflecting broader trends in institutional adoption and market liquidity. Traders and analysts are closely monitoring these developments, as Bitcoin’s price trajectory often serves as a bellwether for the overall crypto market sentiment. Such price action reinforces Bitcoin’s role as a key asset in diversified portfolios seeking exposure to blockchain technology and decentralized finance innovations.