Bitcoin hit a new all-time high this week, alongside the Nasdaq Composite and tech giant Nvidia. The oldest and largest cryptocurrency traded as high as $112,021.91 on Wednesday afternoon, breaking a previous record set in May,

The crypto's gains came as Nvidia and other tech stocks surged, with investors shrugging off worries about U.S. tariffs.

After spending much of the past few months over $100,000, a recent rally sent the top cryptocurrency to new heights.