Bitcoin Hits Record High as Trump's Policies Fuel Rally

In a stunning rally, Bitcoin shattered previous records to reach an all-time high of $116,000 on Thursday. This remarkable surge is largely attributed to the crypto-friendly policies implemented by United States President Donald Trump, signaling a bullish era for digital currencies.

Market Momentum: By 5:27 pm ET, Bitcoin had climbed by 4.16%, trading at $116,045. Not far behind, Ethereum also experienced a significant uptick, rising by 4.81% to $2,902 just a minute later. This dual surge underscores the growing investor confidence in the cryptocurrency market.