An updated edition of the April 24, 2025 article.Bitcoin, the most popular cryptocurrency, has been soaring high due to increasing acceptance as a non-sovereign asset, as well as higher institutional and corporate adoption. Bitcoin hit an all-time high of $112,000 on May 22, apparently benefiting from easing trade tensions between the United States and China, as well as the Moody’s downgrade of U.S. sovereign debt, which reflected the digital currency’s growing recognition as a store of value. As of April 2 ...