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Bitcoin bursts past $US94,000 for the first time

Medha Singh and Ankur Banerjee

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Bitcoin rose to a fresh record high above $US94,000 ($144,500) as a report that Donald Trump’s social media company was in talks to buy cryptocurrency trading firm Bakkt boosted expectations of a crypto-friendly regime under his incoming administration.

Bitcoin, the world’s biggest and best-known cryptocurrency, has more than doubled this year. It was last at $US94,291 – just under a record high of $US94,378.

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    Original URL: https://www.afr.com/world/north-america/bitcoin-bursts-past-us94-000-for-the-first-time-20241121-p5ksb9