Key Points Summary โ Bitcoin hits new record
- Bitcoin shatters records, breaking past $109,400.
- Price spike follows U.S. Senate crypto legislation advance.
- Trumpโs meme coins surge 75%, sparking controversy.
- Crypto giants praised the federal stablecoin framework.
- Trump to dine with top meme coin investors this week.
- Critics accuse Trump of using office for personal profit.
- Crypto lobby wields growing power ahead of 2026 elections.
Bitcoin Rockets to All-Time High
Wall Street woke up to shockwaves. Bitcoin smashed its previous record, trading over $109,400 on Wednesday morning.
Just last month, the worldโs most famous cryptocurrency hovered around $75,000. Thatโs a staggering 45% surge in just weeks.
The rally isnโt happening in a vacuum. Other digital coins are flying too, especially those linked to President Trump.
Trump Coins Jump 75%
Trumpโs official meme coins have exploded in value. In just 30 days, theyโve gained 75%, turning digital jokery into serious cash.
Now, the former president plans to meet with top meme coin investors over dinner Thursday. But critics are howling.
Democrats accuse Trump of mixing business with presidential power. They claim heโs leveraging the presidency to inflate his own portfolio.
Senate Gives Crypto Green Light
Bitcoinโs latest surge isnโt just hype. It follows a game-changing moment in Washington.
The U.S. Senate just passed legislation to regulate stablecoins. These are crypto assets pegged to real-world currencies like the dollar.
The bipartisan vote thrilled crypto backers. Industry leaders called it a breakthrough. And investors flooded back into the market.
Cryptoโs Clout Keeps Growing
The digital finance industry flexed real political muscle. It spent millions in last yearโs elections and plans to spend even more in 2026.
With powerful lobbying and increasing mainstream support, crypto has become a force in Washington.
And at the center of it all? Donald Trump.
Trump Claims Credit for Bitcoin Boom
The former president has embraced the role of crypto cheerleader. He first took credit when Bitcoin cracked $100,000 last December.
Now, heโs doubling down. Trumpโs administration recently launched a โstrategic bitcoin reserveโ for the U.S. government.
Several enforcement actions against crypto companies have also been paused or dropped entirely.
Critics Call It Corruption
Ethics watchdogs arenโt staying quiet. Theyโre demanding answers.
- Why is Trump hosting investors tied to his own coins?
- Why did the White House go silent on paused crypto probes?
- Is the presidency becoming a personal piggy bank?
โItโs government for profit,โ said one watchdog leader. โThis needs investigation.โ
Market Mania or Smart Move?
Crypto fans say Trump gets it. They argue heโs modernizing financial systems and protecting Americaโs tech future.
But others worry the boom is built on hype, not substance. One former regulator warned of a coming crash.
What Comes Next for Bitcoin?
Experts say more gains could follow. Some are forecasting $120,000 by summer. But volatility remains king in crypto land.
If regulation holds and institutional money flows in, the highs could get higher.
Still, risks linger. And Trumpโs growing role could turn this financial story into a political powder keg.
Power, Politics, and Profit
Bitcoinโs rise is bigger than numbers. Itโs about power, influence, and who controls the future of money.
With Trump now a crypto kingmaker and Washington taking sides, one thing is clear:
This isnโt just about charts.
Itโs about who wins โ and who cashes in.
Stay tuned. This story is far from over.
