Bitcoin has topped $100,000. See what pushed the price up

Lighter regulation from the new US president could mean less guardrails, making small-pocketed investors cautious of dealing with the largest and oldest cryptocurrency

Bitcoin has soared to unprecedented heights since Donald Trump won the election. Picture: AP/Mark Lennihan

Bitcoin has topped the $100,000 mark as a massive rally in the world’s most popular cryptocurrency sparked by the election of Donald Trump rolls on.

The milestone comes just hours after the president-elect signalled a lighter regulatory approach to the crypto industry when he said he intended to nominate cryptocurrency advocate Paul Atkins to be the next chair of the Securities and Exchange Commission.