Ethereum, Solana, and Dogecoin Rise as Bitcoin Hits New Price Record
Bitcoin has recorded a new all-time high by reaching $111,808 on Thursday, up 4.5% in a single day and 22% over the past month. This rise is also driving other major cryptocurrencies like Ethereum, Solana, and Dogecoin upwards.
This increase comes after Bitcoin recovered from its drop in April to below $75,000, amid easing trade tensions during President Trump's term, which renewed investor confidence in risk assets.