Bitcoin crossed the $93,000 mark on Thursday, reaching a new all-time high as it continued its recent upward trend. The surge was attributed to increased optimism around a potentially crypto-friendly regulatory stance from President-elect Donald Trump, alongside expectations of further interest rate cuts by the US Federal Reserve.
Bitcoin touched $93,400 at its peak, before settling around $90,000 as traders monitored its path toward the significant $100,000 level.