{"id":73141,"date":"2025-08-14T08:17:37","date_gmt":"2025-08-14T08:17:37","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=73141"},"modified":"2025-08-14T08:17:37","modified_gmt":"2025-08-14T08:17:37","slug":"bitcoin-hits-record-124000-on-us-policy-boost","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2025\/08\/14\/bitcoin-hits-record-124000-on-us-policy-boost\/","title":{"rendered":"Bitcoin Hits Record $124,000 on US Policy Boost"},"content":{"rendered":"<p><strong>By Anifowoshe Oladipupo<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Bitcoin surged past $124,000 on Thursday, setting a new all-time high and eclipsing its previous record from July.<\/p>\n<p>Analysts attribute the rally to a combination of bullish US equities and a friendlier regulatory climate under President Donald Trump.<\/p>\n<p>The S&amp;P 500 and Nasdaq also hit record highs this week, reflecting broader market optimism.<\/p>\n<p>Samer Hasn, senior market analyst at XS.com, described the moment as a \u201cperiod of highly favorable fundamentals,\u201d citing Trump\u2019s rollback of restrictions that previously limited banks from working with crypto firms.<\/p>\n<p>A vocal advocate of digital assets, Trump is reportedly pushing for deeper integration of cryptocurrencies into the US financial system.<\/p>\n<p>The policy shift, bolstered by heavy investments from large-scale holders (\u201cwhales\u201d) and companies such as Tesla and Trump\u2019s media group has fueled Bitcoin\u2019s historic rally.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Anifowoshe Oladipupo &nbsp; Bitcoin surged past $124,000 on Thursday, setting a new all-time high and eclipsing its previous record from July. Analysts attribute the rally to a combination of bullish US equities and a friendlier regulatory climate under President Donald Trump. The S&amp;P 500 and Nasdaq also hit record highs this week, reflecting broader [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":73142,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172,180,249],"tags":[],"class_list":["post-73141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-technology","category-world-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/73141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=73141"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/73141\/revisions"}],"predecessor-version":[{"id":73144,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/73141\/revisions\/73144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/73142"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=73141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=73141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=73141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}