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Paxful’s Bitcoin trading volumes peaked at 111 million PHP ($1.9 million) during the week ending on Saturday, July 9, 2022. That was the biggest amount of PHP ever traded against Bitcoin on Paxful.
Bitcoin rose above $118,000 on Friday, extending the token's record-setting rally into its third day.
The price of a single Bitcoin rose to six figures for the first time, an extraordinary level for a 16-year-old cryptocurrency once dismissed as a sideshow.