Key Takeaways Bitcoin hit a high above $112,000 on Wednesday, its first record high since May. The cryptocurrency is now up roughly 20% on the year after falling below $100,000 in June.Continued adoption of the cryptocurrency as a reserve asset is expected by some experts in the second half of 2025.

Bitcoin climbed to an all-time high late on Wednesday, July 9, soaring up and past $112,000 (£82,000). At the time of writing on the morning of July 11, it’s up 1.69% to hit £86,795.46. Since the beginning of the year,

Bitcoin's bull run continues. The cryptocurrency rose as high as $118,739.86 on Friday, according to CoinDesk data, notching a new intraday high for a third straight day. Bitcoin recently stood a little lower,