Bitcoin Hits New All-Time High — Surges Over 4%, $120K Within Reach
TradingKey – On Friday, July 11, Bitcoin (BTC) extended its rally, jumping 4.29% to an intraday high of $117,000, setting a fresh all-time record. At press time, BTC is trading at $115,550, with analysts eyeing a move toward $120,000.
Bitcoin Price Chart – Source: CoinMarketCap.
The breakout has lifted the broader crypto market:
President Donald Trump celebrated the rally on social media, declaring that crypto prices have “blown through the ceiling.”
Bitcoin’s decisive move above the $112,000 resistance zone has fueled bullish sentiment. According to IG analyst Tony Sycamore, while the new high hasn’t yet sparked a full-blown breakout, there’s still room for BTC to climb toward $120K, especially if momentum holds.
Bitcoin Price Chart – Source: TradingView.
Related Articles
Wells Fargo 2Q25 Earnings Preview
TradingKey - Wells Fargo will release its 2Q25 earnings on July 15th before the market opens. The expectations for the quarter are the following:2Q25 Earnings per share: $1.41 estimate vs 2Q24 actual of $1.33 (+6% y/y) . 2Q25 Revenue: $20.76bn estimate vs 2Q24 actual of $20.69bn (+3% y/y).jpg)
Robinhood Soars Over 150% YTD — Breaks $100, Analysts Eye $120 Target
Robinhood (HOOD) extended its rally on Wednesday, July 2, surging more than 6% intraday and briefly breaking the $100 mark, setting a new all-time high. (To track changes in institutional holdings of Robinhood stocks, see star investors)
Prediction! Federal Reserve Chairman Jerome Powell's Next Move Will Be an Interest Rate Cut
The Federal Reserve must balance the risks of higher inflation with the risks of higher unemployment when making decisions on interest rates.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »*Stock prices used were..
GBP/USD extends downside below 1.2700 ahead of BoE's Bailey speech
The GBP/USD pair extends the decline to near 1.2685 during the Asian trading hours on Thursday. A rally in the US Dollar (USD) to the highest level since November 2023 weighs on the major pair. The Bank of England (BoE) Governor Andrew Bailey is set to speak later on Thursday.
