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The Street
  • 7/11/2025
And it’s not the only cryptocurrency having a good week.

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Sports
Transcript
00:00Bitcoin is back in record-breaking territory. The world's largest cryptocurrency soared to new
00:06all-time highs early Friday, topping 118,000. That's its first all-time high since May.
00:13So what's fueling the rally? A few things. Institutions have been pouring into crypto
00:18ETFs big time. In fact, Bitcoin ETFs just had their biggest day of inflows this year,
00:24racking up $1.18 billion on Thursday alone, according to SoSoValue. And it's not just
00:30Bitcoin. Ethereum and XRP also popped this week, both logging double-digit gains. Washington is
00:37also helping the mood. Lawmakers are gearing up to review several key digital asset proposals next
00:42week, which has made investors upbeat. Crypto's rise comes amid a broader market rally. The S&P 500
00:49is wrapping up the week near all-time highs. That'll do it for your daily briefing from
00:54the New York Stock Exchange. I'm Caroline Woods with The Street.

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