Bitcoin, once imagined as a peer-to-peer payment system, is now behaving more like digital gold: a long-term store of value rather than a medium of exchange. For many investors, it’s a hedge, something to hold, not spend.

The Trump administration's crypto-friendly policies have bolstered digital assets overall, opening pools of capital to the sector.

The Dow, S&P 500 and Nasdaq retreat from record highs as President Trump rolled out a fresh tariff against Canada, following Brazil hit. Meanwhile, the Federal Reserve and Chairman Powell are under fire for spending on renovations.

MicroStrategy (MSTR) shares closed higher on Friday after Bitcoin (BTCUSD), the world’s largest digital asset by market cap, soared to a new all-time high of more than $118,000. MSTR is widely known as the largest corporate holder of BTC,

The price of bitcoin surpassed $122,000 on Monday after surging beyond $120,000 for the first time over the weekend, the latest milestone for the world’s most valuable cryptocurrency as House Republicans stir regulatory optimism among investors.