Bitcoin has achieved a record close above $116,000, fueled by strong investor confidence following the launch of Trump's Crypto Advisory Board and anticipation of the upcoming FOMC meeting. Ethereum and other major cryptocurrencies also experienced gains, with Bitcoin's social volume rising by 15.11% in the past 24 hours, according to Santiment. Despite the U.S. stock market reaching a new high, Bitcoin's price on Bitstamp remained slightly below its peak at $114,101.