Bitcoin Surges 5.4% Ahead of Trump Meeting with Crypto Executives
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.