The “Bitcoin” currency has recorded a new standard leap after it first exceeded a $ 111,000 obstacle, amid an increasing optimism among the traders about the future of the cryptocurrency, with an increasing institutional demand, and explicit support of US President Donald. “Bitcoin” rose 3.4% on Thursday to score its highest level at $ 111,980, before it dropped a bit. The Ascension Wave also included other currencies, as “Ethereum”, the second largest encrypted currency, increased by 7.3% in one of the trading periods. This increase coincided with President Trump’s stay in a special dinner in his golf club near Washington, in which he offered the most important owners of his symbolic encrypted “$ Trump”, an event that elicited criticism from democratic legislators and experts who accused him of “influence”. Trump wrote on the “Truth Social” platform on Thursday night. Currency regulatory law promotes this optimism as made by a draft law to regulate stable currencies in the US Senate, which has increased the hope of providing greater regulatory clarity for encrypted asset companies under Trump’s presidency, which announced its explicit support for the coding sector. The increasing demand of the “strategy” business associated with Michael Sailor, which raised more than $ 60 billion of “Bitcoin”, as well as other investors retaining large amounts of encrypted currencies, played a major role in the stimulating height. “This height has taken place slowly, but determined at new historical levels,” says Joshua Lim, co -chair of world markets at Falconx. He explained that the purchase through entities such as procurement companies for special purposes contributes to the prices at the top. The company “Strategy” on Thursday made a request to sell up to $ 2.1 billion in the permanent excellent shares, with a rate of 10%, to finance the purchase of more “bitcoin”. The actual request in a similar movement, a subsidiary of “Cantor Fitzgherd”, works in collaboration with “Tennieg” business (leading to a stable Titian coin) and the “Softbank” group to start a new company named “Twenty One Capital” aimed at repeating a “strategic” business model. A sub -enterprise belonging to the ‘Straev Enterprise’, founded by Vivic Ramasuami, also announced its merger with the ‘Aeetz’ business listed on the Nasdaq Stock Exchange to establish a company in retaining the ‘training’ of its financial terms. “Unlike the previous sessions, this increase not only depends on momentum and speculation, but is based on a real and continuous demand that can be measured, in addition to noticeable imbalances in demand and demand,” says Julia Zo, executive director of activities at Calladan. The indicators have shown that the performance of “Bitcoin” has exceeded the alternative currencies, as the index of these currencies has dropped by about 40% since the beginning of the year, while “Bitcoin” has increased by 18% so far during 2025. Options market expectations were also recorded and 12 of the “Bitcoin” indicators in the United States recorded only a strong financial level, as investors pumped about $ 4.2 billion in May. In the options market, traders have noticed a great interest in coded currencies at $ 110,000, $ 120,000 and $ 300, which expires on June 27, as these contracts have registered the largest number of open contracts on the derbital trading platform. “The new record confirms that the sharp drop of the peak of January 20 to less than $ 75 in April was just a correction in an upward trend,” said IGMore Market analyst Tony Sikammore. He added: “The stable penetration above the 110 thousand dollars level can pave the way for the next goal at 125 thousand dollars.”
“Bitcoin” still breaks the records with more than 111 thousand dollars
