Bitcoin's Historic Rally

In a remarkable surge, Bitcoin eclipsed the $123,000 mark for the first time ever on Monday. This milestone comes as investor optimism skyrockets, fueled by former U.S. President Donald Trump's growing involvement in the cryptocurrency space.

Trump's Crypto Ventures

Trump Media & Technology Group has made headlines with its recent filing for the Truth Social Crypto Blue Chip ETF. This innovative fund is set to predominantly invest in Bitcoin, allocating a substantial 70% of its assets to the leading cryptocurrency, alongside Ethereum and other major digital currencies.

Market Reactions

By 3:42 am ET, Bitcoin witnessed a 3.33% increase, reaching $123,093.416. Shortly after, Ethereum also enjoyed a 2.45% rise, trading at $3,045.8916, signaling a bullish trend across the crypto market.