Bitcoin Surges to New Highs:
Bitcoin reached a new all-time high, touching $109,760.08, and was last reported up 1.1% at $108,117. This follows a strong market sentiment driven by increased involvement from traditional financial firms, with JPMorgan's CEO Jamie Dimon recently stating the bank will allow clients to buy Bitcoin. Cumulative inflows into Bitcoin ETFs surpassed $40 billion last week, with only two days of outflows in May.
