Less than 24 hours before President Donald Trump was set to host a gala for crypto investors, the price of bitcoin hit an all-time high — a confluence of events likely to bolster Trump's reputation a...

A surge in the value of some cryptocurrencies in recent days followed a Senate vote to advance the GENIUS Act, an industry-backed bill that aims to regulate some digital currency.

“The positive correlation between BTC and US equities markets has been weakening since early April and it was basically totally broken today,” Enneking noted.