Bitcoin soars past $100,000 milestone for first time amid hopes of Trump bringing crypto-friendly regulatory era

Bitcoin soared past the $100,000 milestone on Thursday, fueled by expectations that US President-elect Donald Trump’s administration will usher in a crypto-friendly regulatory era. This landmark comes just weeks after Trump’s sweeping election victory, which also saw several pro-crypto lawmakers secure seats in Congress.

Bitcoin, which has more than doubled in value this year, has surged by 45% in the four weeks since Trump’s win. Industry leaders are hailing this as a pivotal moment for the digital asset ecosystem.