Bitcoin Hits Record High as Cryptocurrency Market Surges

Bitcoin reached a new all-time high on Wednesday, trading above $110,400—its highest level since the inauguration of former President Donald Trump. This marks a significant rebound from last month’s lows of approximately $75,000.

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The broader cryptocurrency market has also experienced substantial gains in recent days. Among the standout performers are meme-based tokens associated with Trump, which have surged by roughly 75% over the past month.

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Adding to the attention, Trump is scheduled to attend a private dinner on Thursday with several major investors in these meme coins. The event has sparked criticism from some Democratic lawmakers, who argue that the former president may be leveraging his political influence to advance personal financial interests.