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Bitcoin Soars 2.1%, Eyes $150K Amid Tariff Concerns

7/11/2025

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Summary

Story summary

Bitcoin surged 2.1% to $110,961.70 on Thursday, briefly hitting $111,988.20, fueled by strong institutional demand and ETF inflows. Yet, worries about possible US tariffs cast a shadow on its ascent. Analysts remain optimistic, forecasting a thrilling climb that could see Bitcoin soar to between $130,000 and $150,000 by late 2024.

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Story summary

Bitcoin surged 2.1% to $110,961.70 on Thursday, briefly hitting $111,988.20, fueled by strong institutional demand and ETF inflows. Yet, worries about possible US tariffs cast a shadow on its ascent. Analysts remain optimistic, forecasting a thrilling climb that could see Bitcoin soar to between $130,000 and $150,000 by late 2024.