Bitcoin hits new all-time high above $112,000 as investors pile into stocks and crypto

  • Optimistic investors continue to buy risk assets despite tariff threat

Bitcoin reached a new record high on Wednesday night, surging past the $112,000 mark for the first time.

The cryptocurrency rose to $112,009 late on Wednesday, surpassing its previous record of $111,999, before slipping back to $111,294.17 by late morning trading in London.

The jump comes as investors throw their weight behind risk assets like cryptocurrencies and stocks, despite the latest tariff rumblings from Donald Trump.

Shares in chipmaker Nvidia, meanwhile,…

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