The digital unit has advanced more than 50 percent since the tycoon's poll win -- and around 134 percent since the turn of the year

Bitcoin surged past $90,000 on Wednesday, setting a new record as investors bet on favourable cryptocurrency policies under Donald Trump’s administration.

Bitcoin, the world’s largest cryptocurrency, is on the verge of hitting $90,000, as investor optimism intensifies in the wake of Donald Trump’s U.S. election 2024 victory.

Bitcoin surged to a record high of $81,464 on Monday after the US presidential election results, in which Donald Trump secured victory, boosted expectations of a crypto-friendly regulatory environment, according to a recent report by Reuters.

Bitcoin touched a record high on Tuesday, fuelled by investors pouring money into US spot exchange-traded crypto products and the prospect that global interest rates may fall