
The price of Bitcoin has crossed the $100,000 mark for the first time, reaching a new record.
The value of the world's largest cryptocurrency has surged on hopes that newly elected US President Donald Trump will adopt crypto-friendly policies.
The milestone was reached hours after Trump said he would nominate former Securities and Exchange Commission (SEC) Commissioner Paul Atkins to lead the Wall Street regulator.
Atkins is seen as much more pro-cryptocurrency than current SEC head Gary Gensler.
The historic $100,000 hit prompted celebrations from cryptocurrency fans around the world.
Bitcoin's wildly fluctuating value has always attracted interest, with its supporters reacting with delight when it has surpassed previous price thresholds and challenges during its decline.
But this particular landmark is especially eagerly anticipated. For weeks charts, memes and predictions have been swirling around social media as to when the price would hit what is thought to be one of the holy grails of the crypto world.
Millions of viewers even participated in online viewing parties as the prize was close to $100,000.