Bitcoin surged to a record high on Thursday, vaulting more than 3% in early trading and hurtling past $110,000 for the first time. The price of bitcoin stood at $111,385 on Thursday, extending a sharp rise that stretches back to the November election of President Donald Trump, a cryptocurrency supporter and investor.

JPMorgan Chase is finally allowing clients to buy bitcoin. But CEO Jamie Dimon is still a skeptic. “We are going to allow you to buy it,” Dimon said at the bank’s annual investor day on Monday. “We’re not going to custody it.

On May 21, Bitcoin options markets showed a slight increase in demand for put (sell) options, but nothing unusual. For comparison, the put-to-call ratio at Deribit dropped to 0.4x during the previous bull run on Jan. 20, reflecting lower confidence due to reduced volumes in call (buy) options.

Bitcoin nears record high as ETF inflows, macro uncertainty, and trade-driven inflation risks draw investor interest.

Bitcoin hit a new all-time high as the world’s most popular cryptocurrency reached price levels not seen since President Trump’s inauguration. The digital asset traded above $109,400 Wednesday morning,

The bill and Moody's credit downgrade have increased concerns over the sustainability of US public finances. The USD index has fallen towards 100.00, and BTC could become increasingly more attractive as a hedge against these growing fiscal concerns. Bitcoin trades just 4% away from its record high and is up 40% from its April low.

The Fed revised its 2025 inflation forecast up to 2.8% (from 2.5%), reinforcing concerns that price pressures remain sticky. Bitcoin’s reputation as an inflation hedge remains mixed: During the ...

Bitcoin’s drop appears tied to renewed risk-off sentiment across global markets. After hovering near $106,000 over the weekend, the leading cryptocurrency slid to an intraday low of $102,870 on Monday, tracking weakness in U.S. equity futures and broader investor caution.

Key Takeaways Bitcoin is approaching its all-time high, trading around $106,500, fueled by institutional inflows and favorable macroeconomic conditions.U.S. spo