Jumat, 11 Juli 2025

Bitcoin has NOT reached a new all-time high in euros and pounds amid $118k breakout

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Bitcoin has NOT reached a new all-time high in euros and pounds amid $118k breakout

Bitcoin’s new USD record hides weaker performance in Europe, where forex strength blunted its gains against GBP and EUR.

CryptoSlate

Jul 11

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Happy Friday!

Crypto markets are in the spotlight as Bitcoin's surge to $118,000 in USD sparks excitement—yet the rally falls short of new highs in euros and pounds, highlighting the impact of currency strength in Europe. Meanwhile, Robinhood is making staking more accessible for US users, rolling out ETH and SOL staking with just a $1 minimum. As volatility returns to the markets, long-term Bitcoin holders are doubling down, with supply growth now outpacing miner issuance. Dive into today's headlines for the latest on market moves and innovation in the crypto space.

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The global crypto market cap is $3.65 trillion, with a 24-hour volume of $266.51 billion. The price of Bitcoin is $116,734.02, and BTC market dominance is 63.6%. The price of Ethereum is $2,955.94, and ETH market dominance is 9.7%. The best-performing sector is AI, which gained 42%. The Crypto Fear & Greed Index is currently Greed (71).