Bitcoin continues to show remarkable growth, reaching a new record level of over $118,000 on July 11, 2025.

This is confirmed by the latest market data.

As of 6 AM, the price of the world's most famous cryptocurrency stood at $118,239.

Since the start of the day, Bitcoin has risen by 1% or $1,500.

Meanwhile, Ether is trading at $2,986.57, which is 1.24% higher since the beginning of the day.

According to CNBC, Bitcoin's increase began on Wednesday when investors returned to risky asset investments, boosting the cryptocurrency market.

It is noted that significant cryptocurrency purchases by institutions and optimistic regulatory news, particularly regarding the progress of the US Congress on stablecoin legislation, have led investors to expect new heights for Bitcoin in the second half of the year.

Bitcoin also continued its rise on May 22, 2025, reaching a new record high of $111,886.