BITCOIN surged to a record high above $106,000 on Monday after President-elect Donald Trump suggested he plans to create a US bitcoin strategic reserve similar to its strategic oil reserve, stoking the enthusiasm of crypto bulls.

Bitcoin, the world's biggest and best-known cryptocurrency, hit a high of $106,533 and last traded up 3.2 percent to $104,462. Smaller crypto ether rose 1.5 percent to $3,965.

Register to read this story and more for free.

Signing up for an account helps us improve your browsing experience.

Continue

OR

See our subscription options.

Already have an account? Log in here