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Bitcoin hits record high just shy of $112,000

By Thomson Reuters Jul 9, 2025 | 3:45 PM

NEW YORK (Reuters) -Bitcoin rose to an all-time high near $112,000 late on Wednesday, bolstered by an increase in risk appetite and persistent institutional demand.

The world’s largest cryptocurrency touched a high of $111,988.90 and was last up 2% at $110,922.48.

(Reporting by Gertrude Chavez-Dreyfuss; Editing by Chris Reese)