Bitcoin climbs $100,000 peak on optimism over Trump crypto plans

Bitcoin climbs $100,000 peak on optimism over Trump crypto plans

FILE PHOTO: Representations of cryptocurrency Bitcoin are seen in this illustration taken November 25, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

Bitcoin rose above $100,000 for the first time on Thursday as the election of Republican Donald Trump as president of the United States spurred expectations that his administration will create a friendly regulatory environment for cryptocurrencies.