The price of Bitcoin reached new all-time highs above $111,800 amid Trump's measures to impose a 50% tariff on the European Union (EU) starting June 1.
BlackRock's IBIT ETF absorbed $877 million on Thursday, approximately 90% of the record daily institutional inflow of Bitcoin.
Bitcoin volume reached $75 billion, the highest in 14 days, confirming aggressive buying momentum despite the intraday pullback to $108 thousand.