A cartoon image of Trump holding a Bitcoin token to mark the cryptocurrency reaching over US$100,000 displayed at a store in Hong Kong, China. Bitcoin investors on Dec 5 cheered Trump's decision to pick a crypto fan to head the US securities regulator, reinforcing hopes that the leader will push through looser measures. — Bloomberg
HONG KONG: Despite being the world’s most famous cryptocurrency, Bitcoin – whose value on Dec 5 passed US$100,000 (RM441,678) for the first time – has always been surrounded by mystery and controversy.
Here are some things to know about the volatile digital unit, which has soared since Donald Trump won the US election promising to make the country the “bitcoin and cryptocurrency capital of the world”:
