$BTC #MyStrategyEvolution
Bitcoin surged today to an all-time high, driven by increasing demand from institutional investors and supportive cryptocurrency policies pursued by the administration of U.S. President Donald Trump.
The largest cryptocurrency in the world rose to a peak of $116,781.10 in Asian trading on Friday, bringing its gains since the beginning of the year to over 24%. It was last traded at $116,563.11.
Joshua Chou, co-chairman of the "Web 3 Association" in Hong Kong, said: "The new peak reached by Bitcoin is driven by relentless accumulation of institutional demand, with major players stepping in and absorbing liquidity in trading," according to "Reuters".