Bitcoin Surges Past $118,000 to Reach New All-Time High with 6.25% 24-Hour Gain

On July 11, Bitcoin surged past the $118,000 mark, establishing a new all-time high as reported by HT market data. This milestone reflects a robust 24-hour gain of 6.25%, underscoring heightened investor confidence and strong market momentum. The cryptocurrency’s upward trajectory highlights its growing appeal as a digital asset within the evolving financial landscape. Market analysts attribute this performance to increased institutional interest and favorable macroeconomic conditions, reinforcing Bitcoin’s position as a leading asset in the crypto sector. Such significant price movements emphasize the importance of monitoring market trends and risk management strategies for stakeholders.