Bitcoin Hits Another Record High

New York/Singapore: Bitcoin reached the highest level of all time on Friday, strengthened by the request from corporate investors and US President Donald Trump administration’s friendly policies.

The world’s largest crypto currency rose to a summit of $ 116,781,10 in the Asian session on Friday and received more than 24%of its earnings for the year.

In March, Trump signed an executive order to create a strategic reserve of crypto currencies. He also appointed several crypto -friendly individuals, including the securities and the stock market commission Paul Atkins and the White House Artificial Intelligence Tsar David Sacks.

Trump’s family businesses also entered crypto currencies. Trump Media & Technology Group is trying to launch a fund that is traded on the stock market to invest in multiple crypto coins, including Bitcoin.

Ether, the second largest crypto currency in the world, has increased by more than 5%, and the highest level of five months has reached $ 2,998.41 and rose from $ 2.964.02 to the last trade.