In July, investors expect fireworks from Washington to Wall Street, and this year, Bitcoin ( BTC 6.05%) looks determined to light the sky itself. A handful of powerful forces and an often-jittery macroeconomic backdrop are suddenly all starting to push in the same direction.

Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

By bnm Gulf bureau Bitcoin broke its historic price record for the second time in one day, surpassing $118,000 in global market trading after setting a new high above $116,000 overnight. The cryptocurrency climbed past $118,

The bitcoin price surge is fueled by rising US demand, strong ETF inflows, and increased corporate adoption, reaching new all-time highs.

Fueled by Trump’s pressure on the Fed and a tidal wave of investor optimism, the world’s most famous cryptocurrency is on an unstoppable run.

But what most traders miss is that the crypto story doesn’t end with Bitcoin. Actually, it might just be starting. Altcoins are lining up for their turn, and the window is still open. Smart investors are already buying in for what could be the next big run in crypto.

Bitcoin price hits new record high after sudden surge - The world’s most valuable cryptocurrency is now worth more than silver

Factors contributing to Bitcoin’s surge include the pro-crypto stance of President Trump, which has spurred greater interest from institutional investors.

The Dogecoin price surged 8% in the last 24 hours, but traders are rushing to buy this BTC Layer 2 for parabolic potential.

Bitcoin reached a new all-time high of $118,000 on Thursday, causing the largest short liquidation event of 2025. The dramatic price surge wiped out over $1 billion in short positions across cryptocurrency exchanges.

Bitcoin rockets past $116,000 in a historic rally fueled by short liquidations, Fed rate cut bets, and Trump’s tariff talk — marking a new era for crypto market momentum.