Friday, 11 July, 2025
Bitcoin Soars Past $116K on Institutional Inflows, Trump’s Pro‑Crypto Policies
Bitcoin surged to an all-time high—peaking at $116,893, with a similar $116,781.10 mark—driven by strong institutional purchases, growing ETF adoption, and U.S. policy support under former President Trump. Year-to-date gains stand around 24–25%, with a 102% rise over 12 months. Ether also climbed ~7%, while altcoins like Dogecoin and Hedera rallied 10–12%. Major inflows include over $50 billion into U.S. Bitcoin ETFs, including BlackRock’s holdings.
Read full story at Economic Times