World’s largest cryptocurrency reaches another record high

Bitcoin surged to new all-time highs on Thursday (July 10), aided by robust demand from institutional investors and the crypto-friendly stance of US President Donald Trump’s administration, news agency Reuters has reported. The world’s largest cryptocurrency peaked at $116,046.44 by 9:27 PM GMT, surpassing its earlier record of $113,734.64 set earlier in the day. Bitcoin is now up approximately 24% this year.

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