On July 13, bitcoin (BTC) continued its record-setting bull run, eclipsing an all-time high of just over $118,839 set two days earlier to breach the $119,000 mark.
Bitcoin Rocket Ship Blasts Past $119K as Bull Run Accelerates
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The cryptocurrency, buoyed by a wave of institutional and retail optimism, peaked at $119,444 at around 10:15 a.m. Eastern time before briefly retracing its gains to consolidate just below the new high. This latest surge solidifies a powerful upward trend and leaves bitcoin within striking distance of the next major psychological and technical resistance level at $120,000.
The relentless climb comes amid a broader market rally and a period of significant inflows into spot bitcoin exchange-traded funds (ETFs), signaling a deepening of institutional conviction in the digital asset as a legitimate store of value.
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WRITTEN BYBitcoin.com News DeskEditorial Desk Reporter
The Bitcoin.com News Desk publishes timely reporting on market developments, protocol updates, regulatory changes, and industry announcements across the cryptocurrency sector.
