#BTCBreaksATH Bitcoin reached a new historical maximum.
The price of Bitcoin on trading on Wednesday, July 9, set a historical maximum due to increased investor appetite for risk and sustained demand from large financial companies.
The value of the cryptocurrency during the session the day before rose to a record $112,022 thousand.
Support for Bitcoin is provided by the favorable policy of the administration of U.S. President Donald Trump regarding cryptocurrencies.
In addition, the Trump Media & Technology Group, the parent company of Trump's social network Truth Social, wants to launch a cryptocurrency ETF that will, in particular, invest in Bitcoin.