CoinVoice has recently learned that Tickmill Group analyst Patrick Munnelly stated in a report that Bitcoin has soared to an all-time high driven by institutional investor interest and support measures from President Trump.

He stated, "The recent surge in Bitcoin's value is driven by continued buying from institutional investors, who are purchasing large amounts of available supply, leading to a constant decrease in liquidity on trading platforms."

In addition, Trump has ordered the establishment of a Bitcoin strategic reserve, while the U.S. Senate passed a bill last month providing a regulatory framework for stablecoins. [Original link]