Michelle Chapman and Wyatte Grantham-philips, The Associated Press

Bitcoin tops US$118,000 for the first time, as the cryptocurrency continues to climb to new heights

Bitcoin tops US$118,000 for the first time, as the cryptocurrency continues to climb to new heights

A weak U.S. dollar and President Donald Trump's pro-crypto policies have helped to push the price upward

By Michelle Chapman and Wyatte Grantham-philips, The Associated Press |July 11, 2025

3 min read

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