Bitcoin climbed to an all-time high late on Wednesday, July 9, soaring up and past $112,000 (£82,000). At the time of writing on the morning of July 11, it’s up 1.69% to hit £86,795.46. Since the beginning of the year, bitcoin has surged by 18%.

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

Bitcoin has reached an all-time high, surpassing $118,000 as a flood of money moves into spot bitcoin ETFs, which have opened up cryptocurrency investing to millions. A soft U.S. dollar and