Bitcoin Soars Past $110,000 as President Trump Celebrates New All-Time High!
Bitcoin’s price surged above $110,000, prompting President Trump to publicly celebrate the historic milestone.
On Thursday, May 22, coinciding with the 14th anniversary of Bitcoin Pizza Day, Bitcoin (BTC) surged over 3%, breaking past $110,000. As of this writing, BTC peaked at $110,797 and currently sits at $110,331.
Bitcoin Price Chart – Source: TradingView.
After four months, Bitcoin has reached a new all-time high, drawing President Donald Trump’s attention. Trump posted on Truth Social, stating: "Bitcoin at all-time highs—Enjoy!"
Meanwhile, gold prices continued their rebound, reflecting heightened economic uncertainty in the U.S.. As of publication, spot gold (XAUUSD) traded at $3,327 per ounce, its highest level since May 12.
The rally in both Bitcoin and gold suggests increased investor concerns over U.S. fiscal stability, fueled by poor demand in the latest 20-year Treasury bond auction.
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