#bitcoin The most capitalized cryptocurrency reached a new all-time high on Thursday, at $111,878.26, after surpassing its peak from January 20, the day of Donald Trump's inauguration.

Around 10:00 AM GMT (12:00 PM in Paris), bitcoin is up 2.25% at $110,721.06.

Among the main drivers of this recent surge is the advancement of the "GENIUS Act" (acronym for "Guiding and Enabling National Innovation for American Stablecoins"), which aims to create a regulatory framework for stablecoins, these digital currencies backed by traditional currencies like the dollar, presented as more stable.

The bill was "adopted this week by the U.S. Senate with broad bipartisan support," highlight analysts from CoinShares, and "these regulatory advancements have revived investor confidence, who see in this bill a concrete response to the long-standing legal uncertainty hanging over the digital asset sector."

Cryptocurrencies also benefit from a general context of easing trade tensions thanks to agreements made by Washington, first with London and then with Beijing.