Crypto giant, Bitcoin topped a new all-time high of $97,000 as the digital asset sector moved to strengthen due to the influence of Donald Trump's victory which has a policy interest in the cryptocurrency.
Trump's team is in talks to continue the digital currency hype and the industry is looking for a position with direct access to the president who is one of crypto's biggest cheerleaders.
The talks are the latest US boost to digital asset market sentiment along with further strengthening of MicroStrategy Inc's bitcoin in accelerating token purchases and the emergence of first choice on the nation's Bitcoin exchange-traded fund.
The digital asset is up more than 2% since it opened in Thursday's trade in the Asian session and the crypto market as a whole has combined gains of about $900 billion since Trump's victory.
Market participants are now focusing on the next Bitcoin price to $100,000 and this proves the grandeur of the digital currency.
MicroStrategy, the largest corporate holder of bitcoin on Wednesday announced a nearly 50% increase in the planned sale of notes to $2.6 billion to finance the purchase of the token.
Recently, Trump has pledged to create a US crypto regulatory framework that supports and provides strategic Bitcoin reserves.
The president-elect was once a crypto-skeptic but changed tack after digital asset firms spent heavily during the election campaign to promote his influence.
