Bitcoin Hits Record High, Surpasses $94,000 For First Time

Bitcoin hit a record high above $94,000, boosted by reports of Trump Media acquiring crypto firm Bakkt, fueling hopes for a crypto-friendly administration. Bitcoin has more than doubled this year, supported by traders capitalizing on BlackRock’s Bitcoin ETF and Nasdaq options. The global cryptocurrency market surpassed $3 trillion, with analysts predicting further growth amid strong buying pressure.