Business Desk 
Nov 22, 2024
In the crispiest push ever seen throughout crypto history, Bitcoin on Thursday ascended beyond $100,000 for the first time, solely led by Trump's crypto-friendly regime.
Touching a mark never anticipated with any cryptocurrency being traded globally, the world's largest cryptocurrency dangled between $98,000 and $99,000 in late afternoon trading in the US on Thursday, following its short-lived rise to $99,073.
Bitcoin current value
Bitcoin has more than doubled since the beginning of the current year. Meanwhile, its surge over the past two weeks was recorded at around 40% since Trump was voted as the next US president and a spate of pro-crypto lawmakers were elected to Congress.
Read more: Bitcoin rises past $94,000 amid historical crypto frenzy
The second-time US president warmly welcomed digital assets before and after a campaign to take over the top role in the country, pledging to turn the country into a "crypto capital of the planet" and to reserve a significant portion of bitcoin in the national treasure.
Bitcoin's propulsion is also led by crypto investors' drowning fear of scrutiny under US Securities and Exchange Commission Chair Gary Gensler, whom Trump has promised to replace.
On the sidelines of being a staunch crypto backer, Trump disclosed World Liberty Financial, a new crypto business, in September, regarding which insights have not surfaced yet, however, investors consider this move as a sign of bullish trend in the crypto space.
