President-elect Donald Trump has expressed support for the bitcoin idea, which some economists see as inflationary and costly, depending on its implementation.

Bitcoin came within a whisker of closing above $100,000 for the first time on Thursday as the election of Republican Donald Trump as U.S. president spurred expectations that his administration will create a friendly regulatory environment for cryptocurrencies.

Bitcoin’s price fell back below $93,000 as the leading cryptocurrency reversed course on some recent gains following Donald Trump’s election win.

President-elect Trump's social media company is reportedly in advanced talks to purchase cryptocurrency exchange Bakkt as digital assets continue to soar.

President-elect Donald Trump has unveiled plans for sweeping cryptocurrency regulations in 2025, raising concerns among crypto enthusiasts, financial institutions, and industry leaders. Trump, who previously