Bitcoin records the highest historical level with the support of encouraging American institutional demand and policies
The currency rose Bitcoin To a new standard today, Friday, driven by an increase Institutional demand And with the support of American policies supporting digital currenciesWhich is adopted by the administration of the US President Donald Trump.
Historical leap: Bitcoin exceeds 116 thousand dollars
In Asian transactions, it reached Bitcoin Its climax at 116,781.10 dollarsIt is the highest level in the history of the encrypted currency, to increase its gains since the beginning of 2025 to more than 24%. Its value in the latest trading was around 116,563.11 dollarsAccording to what was reported by the agency Reuters.
Institutional demand leads the market
He said Joshua ChuHong Kong co -chairman: Hong Kong:
“The historical rise in Bitcoin has caused a strong and strong accumulation in institutional demand. Senior players in the market are systematically absorbing liquidity, which presses prices up.”
Trump’s support for encrypted currencies enhances confidence
This mutation comes at a time when the White House takes clear steps towards adoption Digital currenciesAs Trump was signed last March An executive order to establish a strategic reserve of encrypted currenciesIn addition to appointing prominent personalities in support of these assets, such as Paul Atkins Chairman of the Securities and Exchange Commission.
Ethar increases by about 5%
On the other hand, it continued a currency EtharumThe second largest digital currencies, registration of strong gains, as it jumped rapprochement 5% To reach 2,956.82 dollarsAfter I had previously touched its highest level in five months at 2,998.42 dollars.
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