Bitcoin tops $98,000, closes in on $100,000

Bitcoin Growth

Bitcoin continued its unprecedented rise on Thursday as the world’s largest cryptocurrency topped $98,000 for the first time during European trading.

Bitcoin soared to a record of $98,367, closing in on the $100,000 milestone, Reuters reported.

This surge, driven by a Republican win in the recent US elections, has seen Bitcoin gain nearly 30 per cent over the past two weeks.