Bitcoin Price Hits $117,000 ATH; Trump & Sun Spark Fresh Crypto Frenzy

Key Points

1. Bitcoin hit a record high of $117,000, with a 4.20% gain, supported by $92.9 billion in daily trading volume.

2. Donald Trump Jr. invested $4 million in Thumzup Media, which holds Bitcoin, Ethereum, Solana, Dogecoin, and XRP, signaling the Trump family's growing crypto involvement.

3. Justin Sun pledged to buy $100 million worth of Trump’s memecoin ($TRUMP), despite its 87% decline since January, indicating renewed interest in crypto-linked assets.

4. ESMA reviewed Malta’s MiCA licensing, noting partial compliance, and emphasized the need for tighter crypto regulation across the EU to harmonize standards.

5. Bitcoin Hyper ($HYPER), a Bitcoin-native Layer 2 project, raised over $2 million in its presale, leveraging Solana’s speed and Bitcoin’s security for broader adoption.