Bitcoin hits new record high approaching $100,000

Bitcoin reached a new record high on Friday, nearing $100,000. This surge is driven by expectations of a more favorable regulatory environment following Donald Trump's election victory. The cryptocurrency has more than doubled in value this year and increased about 45% in the past two weeks. It is on track for its best monthly performance since February. Currently, Bitcoin is priced at approximately $99,380, marking a daily increase of over 1%. Its rise is part of a broader trend linked to assets influenced by Trump's policies.