Bitcoin hits record high of $118,000

Bitcoin has reached a historic price of $118,000 (around 1.48 billion UZS), reported uz.kursiv.media.
According to Coinbase data from the morning of July 11, bitcoin crossed the $118,000 mark for the first time. At its peak, the cryptocurrency rose to $118,400 (1.49 billion UZS), before stabilizing around $117,900 (1.48 billion UZS) by midday.

Trading View reported that the price surge was driven by strong investor demand and U.S. President Donald Trump’s trade policies toward other countries.