Bitcoin reaches record high of $92,425 as Ethereum also gains

Bitcoin's price has reached a new high of $92,425, marking a slight increase of less than one percent in the last 48 hours. Ethereum also saw a small rise, now priced at $3,110. The overall cryptocurrency market cap grew by 0.24 percent, reaching $3.08 trillion. While many altcoins like Cardano and Monero gained value, others like Binance Coin and Ripple experienced losses. Recent developments include the launch of options trading for BlackRock's Bitcoin Trust, which may enhance market liquidity. Additionally, reports of Donald Trump's social media company potentially acquiring a crypto trading firm have sparked optimism in the market.