Bitcoin Hits Fresh All-Time High Above $116,000 — But Is the Euphoria Justified?
Bitcoin has smashed through yet another record, climbing to over $116,000 — an impressive $4,000 surge in just 24 hours. According to major crypto exchanges on July 11th, the market is abuzz with optimism as open interest on Deribit shows traders eyeing even higher strike prices at $115,000 and $120,000.Institutional demand continues to be cited…