Bitcoin soared to a new all-time high on Thursday, reaching $116,046.44 as of 21:27 GMT, breaking its earlier record of $113,734.64 set the same day.
The world’s largest cryptocurrency is now up about 24% in 2025, fueled by growing institutional interest and crypto-friendly moves from the Trump administration.
President Donald Trump has taken a notably supportive stance toward digital assets. In March, he signed an executive order to create a strategic cryptocurrency reserve. He has also appointed crypto advocates like former SEC Commissioner Paul Atkins and tech entrepreneur David Sacks to key roles, further signaling a pro-crypto policy environment.
Adding to the momentum, Trump’s own family businesses are diving into digital assets. A recent SEC filing revealed that Trump Media & Technology Group plans to launch a crypto-focused exchange-traded fund (ETF) that would include investments in Bitcoin and other major tokens.
The combination of regulatory support, political backing, and institutional demand continues to drive Bitcoin’s record-breaking rally, reinforcing its role as a major force in the evolving global financial landscape.
If this article helped you, please consider supporting our work. Every small contribution keeps Abijita.com independent and running.
