Bitcoin Surges Beyond All Boundaries To $117,000

Bitcoin Rally

Bitcoin 2025 Rally Continues

Many attribute the surge to U.S. policy support and the Trump administration’s pro-crypto stance.

Bitcoin has hit a new all-time high of $117,000, continuing a major rally this year driven by growing investor demand and supportive U.S. government policies.

The world’s most popular cryptocurrency has now gained 24% in 2025, breaking its previous record of $113,734.64, according to Reuters.

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Bitcoin has traded above the $100,000 mark for over 60 straight days, solidifying its place as a mainstream asset.

Many link much of the recent momentum to the Trump administration’s pro-crypto stance.
In March, President Donald Trump signed an executive order creating a U.S. Strategic Reserve of Cryptocurrencies. This move is widely seen as a formal recognition of Bitcoin and other digital assets as part of the broader U.S. financial system.

Anjali Mehta, a crypto strategist at FinVerse, says, “This is a turning point.”
“The U.S. is clearly backing crypto.”

Policy Support Strengthens Crypto Momentum

The administration has appointed crypto-friendly officials to key regulatory roles, including SEC Commissioner Paul Atkins and White House AI czar David Sacks, signaling a friendlier environment for crypto businesses.

Less than a few weeks ago, the U.S. Senate passed the GENIUS Act, a bill that establishes clear rules for stablecoins in the country.

Other cryptocurrencies are also rising. Ethereum (ETH) climbed 3.01% to $2,905.24, as bullish sentiment spreads across the market.

With strong policy backing and growing demand, Bitcoin’s latest surge is being seen as a significant step in the global acceptance of cryptocurrencies.

Meanwhile, Bitcoin short-sellers were pummeled as the cryptocurrency surged to new all-time highs, resulting in more than $1 billion in short positions liquidated in 24 hours.

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