Bitcoin at record high: Touches $1,12,000 Surges 39% in 3 months amid Donald Trump’s tariffs
By
Binu Mathew
Bitcoin, the world’s leading cryptocurrency, surged to a fresh all-time high of $112,000 on July 10, marking a 3.1% single-day gain and a total increase of nearly 20% so far this year, as reported by Bloomberg.
The rally was fueled by renewed geopolitical tensions after U.S. President Donald Trump reignited his aggressive trade policies—slapping 50% tariffs on all copper imports and targeting Brazil with similar duties amid escalating tensions with President Lula.
