Bitcoin soared to a record high of nearly $112,000, driven by increased risk appetite and continued institutional demand.

This surge in Bitcoin's price comes amid a broader rally in equities, particularly driven by tech stocks like Nvidia, which briefly touched a $4 trillion market cap.

It touched a record peak of $111,988.90 and was last up 0.4% at $111,259. Since the beginning of the year, bitcoin has ...