New Delhi, July 13 -- Bitcoin surged to all-time record on Thursday, moving past $118,000 and even crossing the $119,000 mark on Friday, before settling at $118,780.

This sharp rise comes as global stock markets decline, driven by trade and tariff tensions sparked by US President Donald Trump's tariff notices to over 20 countries. The rally also marks the end of a two-month lull in the cryptocurrency market, with Ether rising above $3,000 for the first time since February.

" The milestone comes amid growing allocations into bitcoin from institutional & corporate treasuries. They are accumulating bitcoin aggressively. Strategy Inc & GameStop Corp, have joined the ranks, announcing board‑approved Bitcoin purchases. Now bitcoin looks...