Business

​​​​​​​Bitcoin surges past US$116,000 for first time in history

Leading cryptocurrency hits record highs on Binance and Bitmex, with 24-hour gain nearing 5 per cent

Updated 10 months ago · Published on 11 Jul 2025 11:58AM

​​​​​​​Bitcoin surges past US$116,000 for first time in history
On the Bitmex cryptocurrency exchange, the world’s leading digital asset climbed even higher, briefly touching an all-time high of US$117,614 - July 11, 2025

BITCOIN has surpassed the US\$116,000 mark for the first time in history, according to trading data from the Binance cryptocurrency exchange, as reported by Bernama-Sputnik/RIA Novosti.

“According to Binance Market Data, Bitcoin (BTC) crossed the 116,000 USDT benchmark and is now trading at 116,322.71875 USDT, with a 4.69 per cent increase in 24 hours,” stated a notice on the Binance website.

On the Bitmex cryptocurrency exchange, the world’s leading digital asset climbed even higher, briefly touching an all-time high of US$117,614.

The surge marks a significant milestone for bitcoin amid renewed investor interest and ongoing volatility in global financial markets. - July 11, 2025

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