Citing Cryptofrontnews, Bitcoin closed above $116,000 for the first time, driven by renewed investor confidence following the launch of Trump’s Crypto Advisory Board and ahead of the FOMC meeting. Ethereum and other major cryptocurrencies also rose, with Bitcoin’s social volume increasing by 15.11% in 24 hours, according to Santiment. The U.S. stock market closed at a record high, but Bitcoin remained slightly below its peak at $114,101 on Bitstamp.
Bitcoin Hits Record Close Above $116,000 Amid Bullish Market Sentiment
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