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Bitcoin hits new all-time high

Bitcoin hits new all-time high Photo: Bitcoin rises to $116,000 (Getty Images)
Author: Oleh Velhan

The cryptocurrency Bitcoin has set another all-time record, with its value surpassing $116,000, according to Binance.

According to trading data from the exchange, Bitcoin was valued at approximately $116,069, marking a rise of more than 4%.

The price of Ethereum also increased by over 7%, reaching $2,965. Other cryptocurrencies are also showing growth.

Bitcoin hits new all-time high

Record Bitcoin rates

In May, the value of Bitcoin on the exchange surpassed a record $109,000. This peak was reached after spot exchange-traded funds absorbed $3.6 billion in net inflows that month.

Shortly before that, the cryptocurrency crossed the $100,000 mark for the first time in several months, showing a rise of more than 3% in a single day.

In recent days, Bitcoin has continued to show steady growth. On June 10, it rose to $111,000, and the day before, its value was even higher.