Bitcoin hits a new record above $106,000

Bitcoin smashed a record $106,449 on Sunday before slipping below $104,000 as crypto markets brace for the Fed's year-end rate cut. Since 2022, Bitcoin's value has surged 163%, defying high-interest environments. Trump's pro-crypto stance, including plans for a Bitcoin reserve and crypto-friendly SEC leadership, has fueled optimism, pushing Bitcoin past the $100,000 milestone for the first time.