Bitcoin Reaches New Heights Under Crypto-Friendly President

Bitcoin soared over 3% to surpass $105,000 in Asian trading following Donald Trump's election as U.S. president. Known for advocating cryptocurrencies, Trump’s ascent has bolstered Bitcoin’s rise to an unprecedented peak of $105,142, settling at $104,760, marking a historic milestone for digital currencies.

Bitcoin, the prominent digital currency, experienced a significant jump on Monday, surpassing a record high of $105,000 during early Asian trading.

The cryptocurrency has been on an upward trajectory following the election of Republican Donald Trump, a known supporter of digital currencies.

Bitcoin achieved an all-time high of $105,142, eventually settling at $104,760, up by 3.3% from its previous value.

(With inputs from agencies.)