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Bitcoin hits new record, its value reaches $120,000
2025-07-11 22:02:14 / EKONOMI&SOCIALE
Bitcoin continued its rise early Friday, reaching a record high of $118,000.
The cryptocurrency has surged for two days, surpassing the $113,000 and $115,000 levels in less than 24 hours.
According to data from the economic analysis firm, the global market value of cryptocurrencies, including Bitcoin, increased by approximately 5.92% over 24 hours, reaching $3.67 trillion.
The price of Bitcoin, the largest cryptocurrency according to market experts, has increased by almost 26% since the beginning of this year.
The price of Ethereum, the second-largest cryptocurrency by market capitalization, gained about 7% in value, rising to $2,993.
Bitcoin's latest surge comes just days before the US Congress begins debate on what is being called "Crypto Week" on July 14.
Lawmakers will discuss a series of legal projects that could define the regulatory framework of this industry that has only seen growth since its inception.
Experts say Bitcoin is becoming an economic asset that powerful states cannot ignore. What is missing are clear laws and the US Congress is expected to channel the flow of online money.
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