Bitcoin reaches new all-time high above $90,000 after Trump vows to ease crypto regulations

Bitcoin surged past $90,000 on November 13, reaching an all-time high of over $91,000. This increase followed President-elect Donald Trump's promise to ease regulations on cryptocurrencies, which has boosted investor confidence. Since Trump's election victory, Bitcoin has repeatedly broken its previous records. Trump aims to position the U.S. as a leader in the cryptocurrency market, having previously announced plans for a digital currency platform. The cryptocurrency market has faced volatility and challenges, including the collapse of major firms. Trump's recent use of Bitcoin for a purchase marks a notable moment in the evolving landscape of digital currencies.