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Bitcoin Surges 5.4% Ahead of Trump Meeting with Crypto Executives

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The price of Bitcoin surged by 5.4 percent on Wednesday, marking its largest daily gain since March.

This significant increase comes ahead of US President Donald Trump's meeting with a number of crypto company executives at the White House.

The market capitalization of Bitcoin rose 5.4 percent in the last 24 hours to $1.36 trillion, while its daily trading volume jumped over 77 percent to $35.43 billion.

The strengthening is not only happening in Bitcoin but also across the broader crypto market, which saw a 5 percent increase to $2.31 trillion.

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