Bitcoin price hits new record high
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Bitcoin is known for its very sudden fluctuations. Some days, its price changes by thousands of pounds. That sort of movement draws in speculators looking to make quick gains. But it also means that fear spreads fast when the price drops.
Bitcoin (BTC) price prints a new all-time high near $118,900 on Friday, entering uncharted territory as bullish momentum accelerates. The surge in BTC was supported by rising corporate and institutional demand, with spot Bitcoin Exchange Traded Funds (ETFs) recording a total of $1.69 billion this week as of Thursday.
Bitcoin has pushed to a record $113,734.64, lifted by demand from big investors and new crypto-friendly policies under US President Donald Trump. Options traders now see higher levels ahead, with targets up to $150,
Bitcoin's BTC spot price has surpassed $111,000 and could rise by another 30% to exceed $140,000. That's the message from the daily price chart of BlackRock's Nasdaq-listed spot bitcoin ETF, known by its IBIT ticker,
Bitcoin price stabilizes around 111,000 on Thursday after hitting a record high of nearly $112,000 the previous day. Fed Minutes spark renewed risk-on sentiment as it showed officials foresee interest rate cuts later this year, boosting momentum across markets.