$BTC The cryptocurrency market experienced a turbulent week, with bitcoin briefly surpassing $110,000 before ending with a modest gain of 0.4%.

BTC on the Brink of a New All-Time High

The broader crypto economy navigated a volatile week, with bitcoin (BTC), the leading digital asset, testing the $110,000 level again before concluding the week with a modest gain of 0.4%. According to data from Coingecko, the leading cryptocurrency surged to a weekly peak of $110,307, a rise that notably coincided with the narrow approval by the U.S. House of Representatives of President Donald Trump's controversial "Big Beautiful Bill" on July 3.

After its brief drop below the crucial $100,000 threshold during the recent 12-day conflict between Israel and Iran, BTC staged a robust recovery. This resilient upward trend has now sparked fervent predictions from some analysts of a potential new all-time high in the coming weeks.

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