Bitcoin Price Explodes to New Record High of $116,046!
Bitcoin has reached a breathtaking milestone, surging to a new all-time high of $116,046.44 on Thursday. This phenomenal growth represents a remarkable 24% increase for the leading cryptocurrency so far in 2025.
Institutional Demand and Supportive Policies Fuel Bitcoin’s Rise
The driving forces behind this record-breaking rally appear to be a combination of strong institutional demand and the continuation of supportive cryptocurrency policies under the Trump administration. These factors have created a positive environment for Bitcoin’s growth, propelling its price to unprecedented heights.
Altcoins Join the Party: Ethereum, Solana, Dogecoin, and Cardano See Gains
Bitcoin’s success isn’t a solo act. Other cryptocurrencies, often referred to as altcoins, are also experiencing upward momentum. Ethereum, Solana, Dogecoin, and Cardano are all showing positive gains, riding the wave of bullish sentiment in the crypto market.