A new milestone! Bitcoin breaks through $94,000 for the first time.

Notice that Bitcoin has risen to a record high of over $94,000, with market reports stating that Trump's media and technology company DJT.US is in talks to acquire the digital asset platform Bakkt (BKKT.US). This has increased hopes for a cryptocurrency-friendly system under the upcoming Trump administration. Bitcoin is the largest and most well-known cryptocurrency in the world, with its value more than doubling this year. On Tuesday, towards the end of the market, it hit a record high of $94,078 before dropping to $92,104 at the time of writing. Two sources have stated that Trump's media and tech group operating Truth Social is close to acquiring Bakkt with all stock, with the support of Intercontinental Exchange, Inc., the owner of the New York Stock Exchange. IG Market analyst Tony Sycamore stated that Bitcoin's rise to record highs is supported by reports of Trump's trading negotiations and traders taking advantage of the opportunity to trade BlackRock, Inc.'s Bitcoin ETF on the first day of options trading on Nasdaq. Since the US election on November 5, cryptocurrency prices have surged as traders bet on President-elect Trump's promise to support digital assets, which would lead to a reduction in regulatory restrictions and inject some vitality into Bitcoin after months of sluggishness. According to analysis and data aggregation company CoinGecko, this growing excitement has pushed the global cryptocurrency market value over $3 trillion, reaching a record high. Chris Weston, research director at Australian online broker Pepperstone, stated that there is potential buying pressure in Bitcoin, and if it continues to rise, it is likely to attract those who like to buy strong stocks for a new round of chasing."