Bitcoin has more than doubled in value this year and is up about 45% in the four weeks since Trump's sweeping election victory
Bitcoin rose above $100,000 for the first time on Thursday as the election of Republican Donald Trump
"This momentum is fueled by institutional adoption, advancements in tokenization and payments, and a clearer regulatory path."
More than 16 years after its creation, bitcoin appears on the cusp of mainstream acceptance, despite naysayers and a history of controversies.
"Bitcoin crossing $100,000 is more than just a milestone; it's a testament to shifting tides in finance, technology, and geopolitics," said Justin D'Anethan, a Hong Kong-based independent crypto analyst.
Trump embraced digital assets during his campaign, promising to make the United States the "crypto capital of the planet" and to accumulate a national stockpile of bitcoin
Crypto investors see an end to increased scrutiny under U.S. Securities and Exchange Commission Chair Gary Gensler