$BTC

Bitcoin Surges Past $117,000 This Week, Marking Strong Gains

Bitcoin has experienced a remarkable surge this week, pushing past the $117,000 mark and showcasing significant upward momentum. As of Friday, July 11, 2025, Bitcoin reached a high of $118,848.4, demonstrating robust performance after starting the week around the $108,000 range.

Looking at the past seven days, BTC has seen a notable increase of approximately 9.11%, moving from around $108,028.60 to its current levels near $117,528.92. This upward trend is a continuation of strong yearly performance, with Bitcoin's price having almost doubled in the last year, reflecting a 98.52% increase from twelve months ago.

The 24-hour trading volume has also been substantial, hovering around $86.61 billion, indicating strong market activity and investor interest. Bitcoin's market capitalization stands at an impressive $2.34 trillion, solidifying its position as the leading cryptocurrency with a dominance of roughly 66% of the total crypto market cap. This week's price action highlights renewed bullish sentiment in the crypto market.