Bitcoin reached a new high on Friday, approaching the $100,000 mark (around Rs. 84.4 lakh), driven by hopes for better regulations under the Trump administration.
Its value has more than doubled this year and increased by about 45% since Trump won the election on November 5, bringing more pro-crypto lawmakers into Congress.
Bitcoin was up just over 1% for the day, sitting at $99,380 (around Rs. 83.9 lakh), and is set for its best monthly performance since February.