Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleBitcoin has achieved a new record high, surpassing $112,000 (£82,000), amidst global economic and geopolitical instability. The cryptocurrency's surge is potentially due to its increasing perception as a safe-haven asset, akin to gold.Key drivers for this momentum include a broad package of tariffs announced by Donald Trump and an executive order from the US president to establish a strategic bitcoin reserve. Financial experts note that bitcoin is being integrated into national economic strategies and corporate treasury policies, further legitimising its role. While some analysts predict continued growth, with forecasts reaching over $145,000 by year-end, others express caution, suggesting the current price may be artificially inflated. In fullBitcoin price all-time high: What’s behind crypto’s record-breaking rally – and how high could it go?Thank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

Bitcoin hit a fresh record on Wednesday afternoon as an Nvidia-led rally in equities helped lift the crypto's price into the stock market close.

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleBitcoin has achieved a new record high,…