#BTCBreaksATH
💥💥Bitcoin price surges to record high: Trump’s policies and bullish bets send BTC soaring past $113,000💥💥
Bitcoin climbed to another record on Thursday, crossing $113,734.64 and stretching this year’s gains to about 21%. A mix of institutional money and moves from President Donald Trump’s administration has pushed the rally forward.
In March, Trump signed an executive order to build a strategic reserve of cryptocurrencies. He’s also brought in allies who favour crypto, like Paul Atkins at the Securities and Exchange Commission and David Sacks as the White House AI lead. Trump Media & Technology Group wants to launch an exchange-traded fund to hold a basket of digital tokens, Bitcoin included. An SEC filing on Tuesday confirmed that plan.
✨Major reason behind the run:-
1) Traders position for more upside
2) White House stokes sentiment
3) Companies load up on Bitcoin
4) Storm clouds on trade