Bitcoin breaks US$95,000 for first time on optimism over Trump crypto plans

Physical representations of the bitcoin cryptocurrency are seen in this illustration taken October 24, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

SINGAPORE: Bitcoin's march toward $100,000 made further ground on Thursday as investors bet a friendlier U.S. regulatory approach to cryptocurrencies under President-elect Donald Trump will unleash a boom era for the asset class.

Bitcoin prices topped $95,000 for the first time in Asia trade, touching a high just above $95,040.