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 reached a new all-time high this week, crossing $118,000 (~ ₹1 crore) for the first time in its history. On July 11, the price

“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,