Bitcoin Sets New All-Time High
Bitcoin reached an all-time high on Wednesday, surpassing a record set shortly after President Donald Trump's inauguration, after the Senate advanced further regulations on some cryptocurrencies earlier this week, sparking a broader crypto market surge and regulatory optimism.
The Senate advanced regulations for stablecoins earlier this week, following support from the ... More broader crypto industry.
The price of Bitcoin briefly peaked at $109,450.50 earlier Wednesday, surpassing a previous all-time high of $109,228 on Jan. 20, though the crypto has since fallen to just over $108,480.
This is a developing story and will be updated.
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