In March, President Trump signed an executive order establishing the Strategic Bitcoin Reserve and the U.S. Digital Asset Stockpile, marking a significant shift in U.S. digital asset policy. The establishment of the Strategic Bitcoin Reserve has coincided with a surge in Bitcoin's price, which recently reached an all-time high of over $110,000. This increase is attributed to growing political support for cryptocurrencies and significant institutional investments.
The price of bitcoin has reached $112,000 in training today. A new intraday record. The price is on pace to close at a new record high as well. The current price is trading at $111,414 up $1730 or 1.58% on the day.
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