Virtual currency|The value of the currency has increased after the resounding election victory of Donald Trump.
Cryptocurrency Bitcoin once again reached a new record when it was traded on Asian exchanges early Thursday at a price of $102,700.
Bitcoin has benefited from expectations that the next president of the United States Donald Trump would try to ease bitcoin-related regulation in his upcoming term. Among other things, Trump has promised to make the United States the world’s cryptocurrency center.
The value of the currency has risen after the resounding election of Trump. After the election, the value of bitcoin has increased by more than 50 percent and since the turn of the year by approximately 134 percent.
The ghost limit of one hundred thousand dollars was crossed after Trump appointed the US financial watchdog to head the SEC on Wednesday, a lawyer Paul Atkinsinknown as a cryptocurrency advocate.