CNBC's Tanaya Macheel reports on bitcoin hitting a new all-time high as institutions continue piling into bitcoin ETFs.

Bitcoin's price momentum is putting the crypto on track for a 14% rally by year-end, according to a technical analyst. It hovered around $117,000 on Friday.

Factors contributing to Bitcoin’s surge include the pro-crypto stance of President Trump, which has spurred greater interest from institutional investors.

Bitcoin's bull run continues. The cryptocurrency rose as high as $118,739.86 on Friday, according to CoinDesk data, notching a new intraday high for a third straight day. Bitcoin recently stood a little lower,

The U.S. dollar rose against major currencies including the yen and euro as President Donald Trump rekindled trade tensions with new tariffs on Canada and other trading partners.

Fueled by Trump’s pressure on the Fed and a tidal wave of investor optimism, the world’s most famous cryptocurrency is on an unstoppable run.

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.

What Is the Price of Bitcoin Today? Bitcoin (BTC) traded at $117,947 as of 10:16 a.m. ET. That's up 6.01% over the past 24 hours and 24.92% year to date. The original crypto’s 52-week intraday high clocked in at $118,

Bitcoin surpasses $118K as whales stay quiet and exchange inflows fall to decade lows, signaling low pressure.