Overview

• Bitcoin hit an all-time peak of $113,718 on Thursday, extending its gains beyond the $112,000 threshold.
• Institutional investors channeled significant capital into spot Bitcoin ETFs, fueling the latest surge.
• President Trump’s supportive regulatory stance has bolstered market confidence in cryptocurrency.
• Analyst Gerry O’Shea of Hashdex forecasts Bitcoin could reach $140,000 by year-end if current catalysts persist.
• Other major tokens rallied alongside Bitcoin, with Ethereum’s ether surpassing $2,800 and XRP rising over 3%.