Investing.com– Bitcoin rose on Friday and remained in sight of recent record highs as expectations of friendly policy under President-elect Donald Trump kept cryptocurrency prices underpinned.
The world’s largest crypto was hit with some profit-taking in the past week after failing to reach the coveted $100,000 level. But losses in Bitcoin were also limited by optimism over Trump’s picks for key regulatory roles, which portend less scrutiny against the industry.
rose 0.9% to $96,338.6 by 00:55 ET (05:55 GMT), remaining close to a record high of over $99,000 hit earlier in November. The crypto was also sitting on strong gains through November, having rallied nearly 40% since Trump’s victory.
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