Bitcoin continues its remarkable rise on Friday, July 11, 2025, reaching an impressive value of over $118,000.

This is confirmed by the latest trading data.

As of 6:00 AM, the price of the world's most famous cryptocurrency stood at $118,239.

Since the beginning of the day, Bitcoin has increased by over 1% or $1,500.

Meanwhile, another popular cryptocurrency, Ether, is priced at $2,986.57, which is a 1.24% increase since the start of the day.

According to CNBC, Bitcoin's growth this week began on Wednesday when investors returned to risky asset investments, boosting cryptocurrencies.

It is noted that significant purchases of cryptocurrency by institutions and optimistic sentiments on the regulatory front, while the US Congress makes progress on stablecoin legislation, led investors to expect Bitcoin to reach new heights in the second half of the year.

Bitcoin also reached a new record on Thursday, May 22, 2025, hitting $111,886.