Major digital asset prices continued to climb on Thursday, July 10, with Bitcoin (BTC) reaching a new all-time high. The world’s largest crypto asset broke above $113,000 for the first time today, less than an hour after hitting $112,000.
At press time, BTC is up 3.8% on the day, trading at $113,392 and its market capitalization stands at $2.25 trillion.
The rally began yesterday, July 9, when BTC reached $111,742. Also yesterday, the U.S. Fed releases the Federal Open Market Committee (FOMC) June meeting minutes, which revealed mixed opinions among Fed officials around rate cut timing.