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Bitcoin Climbs on Institutional Demand, Trump Backing
Posted
May 23, 2025
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2:36Now PlayingBitcoin surpassed $111,000 for the first time on Thursday, driven by increasing institutional demand and support from Donald Trump's administration. It climbed as much as 3.4% to hit a record of $111,980, before paring some of the increase. Bloomberg's Emily Nicolle reports.
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