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Bitcoin Hits New Highs: 6 Reasons Why the ETF Rally Could Continue
ZACKS· 2025-07-11 12:16
Bitcoin soared to a new all-time high on July 11, 2025, surpassing $117,000, driven by bullish momentum in risk assets. This rally mirrors the rise of tech giants like NVIDIA (NVDA) , which recently hit a $4 trillion valuation, highlighting Bitcoin's ongoing correlation with tech.As the Nasdaq Composite hit record levels and the S&P 500 followed closely behind, Bitcoin also benefitted from favorable policy signals and tightening supply. No wonder, Bitcoin-based exchange-traded fund iShares Bitcoin Trust ETF ...