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Bitcoin hits an all-time high and could keep soaring as pro-crypto President Trump promises favorable policies, massive ETF volumes surge, and rumors swirl of tax-free crypto gains.

How far can this Bitcoin run go?

14 November’s intraday high was around $93,500 amid ongoing high volume.

Bitcoin's price has now corrected approximately 6% since the all-time high break on Nov. 13.

The potential deployment on a Bitcoin layer-2 by the largest DeFi lending protocol highlights the appetite for harnessing the original blockchain for purposes that are commonplace elsewhere in the crypto ecosystem.

Surging bitcoin prices following the election of Donald Trump as the next US president have finally given Hong Kong's spot cryptocurrency exchange-traded funds (ETFs) a boost this week, with trading volume surging to a three-month high. Hong Kong's three ETFs that invest directly in bitcoin this week became active trading targets with about HK$135 million (US$17.3 million) changing hands on Tuesday. On most days since the ETFs launched in April, their total daily trading volume lingered below US

The recent surge in Bitcoin (BTC) prices could well last into 2025 and see it reach highs of $180,000, said Matthew Sigel, head of digital assets research at VanEck.