Bitcoin Surges to $110,000: Dollar Faints, Investors Euphoric

While the dollar is feverish and world leaders are perfecting the art of trade wars, bitcoin is leisurely raising the price flag of the crypto revolution: by Wednesday evening, its rate had come right up to the psychologically significant mark of $110,000. This is not just another record—it's a refined way to hint to traditional finance: "Guys, it's time to recalculate your paper."

The culprit, as usual, is the dollar itself. It has lost more than 9% against the euro over the past year, which is easy enough to explain: President Trump keeps getting creative with import tariffs, and the US fiscal deficit is looking more and more like a black hole. Currency analysts can barely change the lenses in their glasses fast enough to see how deep the drop goes.

Meanwhile, a regulatory make-up quietly took place behind the scenes in Washington, unnoticed by the general public. The new US administration decided not only to avoid banning stablecoins (those very crypto tokens that love to pretend to be dollars or euros, but don't lose weight with every new Trump tweet), but on the contrary—to show unprecedented optimism toward them. As observer Manuel Pinto notes, this regulatory facelift has poured fuel (or bitcoin?) on the fire of the crypto rally.

But that's not all—Wall Street giants have suddenly decided that bitcoin looks great on their corporate balance sheets. Buying "billions at a time" has become the new way not only to diversify boring corporate treasuries, but also to remind competitors: "We've got the hype too now!"

Experts remind us that the bitcoin rate has historically moved in step with the Fed's appetite for the printing press: the more digital dollars on the balance sheets, the higher the bitcoin price. This year, as the US national debt once again threatens to overflow its banks, the market expects new liquidity injections—which means the chances of seeing new crypto records are only rising.

As a result, since the start of the year, bitcoin has grown by 17%—an excellent return for those who weren't afraid to invest in "virtual gold" and can calmly watch the daily "rollercoaster" of this crypto saga.