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Bitcoin ETF rally all-time high surge: Bitcoin shatters records, surges past $118,000 - is this the start of a new crypto gold rush? - The Economic Times

Published 13 hours ago1 minute read
Bitcoin shatters records, surges past $118,000 - is this the start of a new crypto gold rush?
Global Desk

Bitcoin surges above $118,000 in a record-breaking rally driven by institutional demand, corporate adoption, and strong support from Trump’s pro-crypto policies. The cryptocurrency’s momentum mirrors gains in tech stocks like Nvidia, highlighting its close link to the Nasdaq’s record highs. With Congress set to begin "Crypto Week" on July 14 and discuss key regulations like the GENIUS Act, investor confidence is soaring. Companies like MicroStrategy, GameStop, and Trump Media are expanding their Bitcoin holdings, while platforms like Coinbase and Robinhood see stock price boosts. Bitcoin's rally signals a shift towards mainstream crypto acceptance in both finance and policy.

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