Bitcoin has crossed the $100,000 mark for the first time on hopes that US President-elect Donald Trump will push through measures to deregulate cryptocurrencies when he takes office next month.
The cryptocurrency hit $100,010 in early Asian trading. It has risen more than 50% since Trump's election victory - and about 134% since the start of the year.
That appeared to be the case with news that Trump had chosen cryptocurrency advocate Paul Atkins to be chairman of the Securities and Exchange Commission.
Atkins, a member of the Securities and Exchange Commission (SEC) from 2002 to 2008, founded Patomak Global Partners, a consulting firm in 2009, whose clients include companies in the banking, trading and cryptocurrency industries. | BGNES, AFP
