FAMAGUSTA GAZETTE – Bitcoin surged to an all-time high on Wednesday, trading at just over $109,000 in the afternoon.
The previous record was set shortly after Donald Trump’s inauguration on January 20.
The reasons behind Wednesday’s increase remain uncertain, though speculation surrounds potential developments in U.S. cryptocurrency legislation, according to AFP.
Trump has previously stated his ambition to position the United States as a leading global force in Bitcoin.