The price of bitcoin has surged by six percent within the space of a few hours, reaching $118,000 (£87,000) for the first time ever in its history. The new record places Bitcoin above Alphabet and Meta in ranking,

US Bitcoin spot exchange-traded funds (ETFs) recorded their second-biggest inflow day in history. The Bitcoin ETF infow rate is surpassed only by the day Donald Trump won the US presidential election last November.

Bitcoin hit a new all-time high (ATH) of $113,014.31 on July 10. It's the first time that the cryptocurrency's price has surpassed the $113,000 mark in its short history of 16 years. This is a developing story.

“While Bitcoin leads from the front, attention is beginning to shift towards the broader market. Ethereum is up 7.23 per cent on the day, testing key resistance at US$3,000, and Solana has reclaimed US$164, suggesting risk appetite is broadening.”

A widely followed crypto analyst believes Bitcoin's (BTC) bull market is just weeks away from coming to an end.

Bitcoin historically experiences four-year boom-and-bust cycles marked by tremendous volatility. According to some investors, Bitcoin has outgrown these boom-and-bust cycles. While some elements of the current cycle are different this time around,

Bitcoin is now sitting above $117,000 for the first time in its history, rising more than 60% since its lowest point in April. The exact figure? $117,080.

A Bitcoin whale holding billions of dollars in BTC on Friday moved 80,000 digital coins in transactions that shocked the crypto world.

Bitcoin sees late weekend gains as BTC price strength fuels the odds of the highest-ever weekly and monthly close.