Bitcoin surged to a record high on Thursday, vaulting more than 3% in early trading and hurtling past $110,000 for the first time. The price of bitcoin stood at $111,385 on Thursday, extending a sharp rise that stretches back to the November election of President Donald Trump, a cryptocurrency supporter and investor.

Bitcoin {BTC} galloped to a new record high above $110,000 on Thursday, liquidating around $500 million worth of derivatives positions in its wake, but some traders aren't buying into the bullish sentiment.

Trump’s tariffs and the global trade war continue to affect markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

While bitcoin BTCUSD evangelist Michael Saylor’s claim may not be strictly true, the inexorable rise of the cryptocurrency continues and the milestones keep coming. Bitcoin hit an all-time high of $111,

Dow Jones Industrial Average and S&P 500 are down, and the Nasdaq is up Thursday. The 10-year Treasury yield retreats.

Bitcoin and the broader crypto market have rallied in recent weeks thanks to regulatory tailwinds including the stablecoin bill advancing in the US Senate after a group of Democra

The cryptocurrency rose to its highest level on record on Wednesday, eclipsing the previous high from January, as risk sentiment continues to improve.

Bitcoin (BTC-USD) edged closer to its all-time high on Wednesday, extending this week's measured ascent. Over the last 24 hours, highest-profile cryptocurrency (BTC-USD) crept up 0.4% to $107.3K, as of 10:19 a.