Bitcoin, the biggest cryptocurrency in the world, has risen to yet another all-time high. It reached a top of $116,046.44 driven by institutional investor demand and the administration of US President Donald Trump’s pro-business policies. It reached $1,12,000 less than a day ago, indicating a 39% increase in just three months.
Organisations such as Paul Atkins of the Securities and Exchange Commission and David Sacks, the White House’s artificial intelligence czar, have come out in favour of cryptocurrency increases.
Additionally, since last year, the biggest cryptocurrency in the world has grown by about 21.3%. In addition to major indices reaching all-time highs and moving towards a positive second quarter, it signifies a broader shift as traders and investors bounce back from Trump’s tariff rhetoric.
Recurring gains are noted by experts, indicating that Bitcoin’s record high is not a singular incident. Investors are also looking forward to “Crypto Week,” which starts on July 14.
Furthermore, since Trump’s return to the White House in January 2025, these digital assets have been increasing. Another cryptocurrency, Ethereum, increased 3.01% to $2905.2.
Trump’s cryptocurrency holdings
Trump’s family businesses have reportedly ventured into bitcoin and other cryptocurrencies, according to recent reports.
According to an SEC filing on Tuesday, Trump Media & Technology Group, the parent company of Truth Social, plans to introduce an exchange-traded fund to invest in a variety of cryptocurrency tokens, including Bitcoin. In the past, Trump Media has raised $2.5 billion to invest in Bitcoin.
Trump is the company’s biggest shareholder even though he doesn’t have an official position there. He and his family are reportedly significant cryptocurrency investors.
“Bitcoin is showing why it’s in a class of its own,” said Roshan Roberts, chief executive of the crypto exchange OKX US.
“As traders’ tensions flare and altcoins stumble, institutions are treating BTC as a macro hedge and a maturing asset class. July will test markets, but bitcoin looks built for it.”
With a recent survey of cryptocurrency analysts indicating an average price projection of $145,167 for Bitcoin by the end of the year, the most recent increases have left many in the sector optimistic for the second half of 2025.
According to the poll, which was released on Wednesday by the financial comparison website Finder, 22 prominent experts predicted that the cryptocurrency would hit $458,000 by the end of the decade.
Professor Hawkins claims that the current administration is inflating the price of Bitcoin, which is still a speculative bubble.
“BTC, and crypto in general, is being pushed by the Trump administration, ironically given its initial promotion as an alternative to government-backed currencies and support from libertarians,” he said.
