
Bitcoin has surged to a new all-time high of $71,300, marking a significant milestone for the cryptocurrency market. The increase in Bitcoin's value is accompanied by a rise in other major cryptocurrencies, with crypto majors jumping 2-4% and meme coins like Dogecoin experiencing a 14% jump. Additionally, the Trump team plans to launch a stablecoin in collaboration with Paxos, while Shift4 introduces a 'Pay With Crypto' option for over 200,000 merchants. In related news, the CEO of Coinbase has called for the SEC to withdraw what he terms 'frivolous' cases against the company. World Liberty Financial also plans to launch a stablecoin.


