Confirmed by cryptocurrency trading platforms Binance and Investing.com

Bitcoin soared to a new peak on July 14th, experiencing a remarkable single-day surge of one thousand dollars. Leading cryptocurrency exchanges, including Binance and Investing.com, have verified this significant market movement.

Binance reported that at 9:00 AM, Bitcoin was valued at an impressive $122,247. Investing.com’s data showed a similar figure, with Bitcoin exceeding $122,000 on their platform.

Earlier, on July 13th, CoinDesk reported Bitcoin reaching $119,000 before retracing slightly to $118,882.

The record high was short-lived. Merely two hours after hitting the peak, Bitcoin’s value adjusted back to $118,882. However, this price remained 1.38% higher than levels recorded in the preceding 24-hour period.

Notably, at the close of May, Bitcoin had already surpassed the $111,000 mark, underscoring the consistent upward trend observed within the cryptocurrency market.

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