Breaking:💥🚨😱 Bitcoin jumps to a new all-time high today after the last peak in less than 24 hours!$BTC

Bitcoin is currently trading at $112,870

The price of Bitcoin (BTC) soared to its highest level ever for the second consecutive day on Thursday, after President Trump, a supporter of cryptocurrencies, renewed his call for the Federal Reserve to lower interest rates. The price of Bitcoin reached $112,599 on Thursday, setting a new record for the leading cryptocurrency. Bitcoin is currently up 3.5% for the day after recently trading within a narrow range.

Coinbase (NASDAQ:COIN) had shown on Wednesday that Bitcoin surpassed $112,000 for the first time, exceeding the previous record set in late May of around $111,900.

President Trump wrote on his social media platform Truth Social that the cryptocurrency market is "soaring," and that it is time for the Federal Reserve to lower interest rates. He stated: "Tech stocks, industrial stocks, and Nasdaq have all reached all-time highs, record numbers!".#BTCBreaksATH