Image:https://www.gate.com/trade/BTC_USDT
According to the market screenshot from the Gate platform on July 11, Bitcoin (BTC) is currently priced at 116,542.9 USDT, with a rise of nearly +5% in the last 24 hours, reaching a peak of 117,341.4 USDT during the session, showing strong pump momentum.
This wave of pump has risen from about 105,000 USDT at the beginning of July, with a cumulative rise of over 10%. Multiple technical indicators such as MA5, MA10, and MA30 are all in a bullish arrangement, reflecting that the market is in a strong rising phase.
According to the quotes from mainstream foreign exchange platforms on July 11, 2025, the current 1 USDT ≈ 1.50 AUD, from which we know:
1 BTC ≈ 116,542.9 USDT × 1.50 ≈ 174,814.35 AUD
In other words, under the current market conditions, Australian users wanting to purchase 1 Bitcoin would need to pay about 175,000 AUD. This price has reached a new yearly high, rising over 25% compared to the low point in June (around 140,000 AUD).
Recent key factors driving the significant rise of Bitcoin include:
Local users in Australia are increasingly focused on digital assets. According to a survey by Finder, about 26% of Australian adults reported that they have invested or plan to invest in BTC, with a higher proportion among the younger demographic.
With the rise of BTC prices, many investors are reconsidering whether to increase their positions or exchange through platforms like Gate and other exchanges.
For Australian investors, the current 1 BTC ≈ 175,000 AUD is not at its lowest point, but if you are optimistic about crypto assets in the long term, you may consider building your position in batches: