Bitcoin breached the $98,000 level for the first time Thursday as investors continued pricing in a second Donald Trump presidency.
The price of the flagship cryptocurrency was last higher by more than 3% at $97,338.66, according to Coin Metrics. Earlier, it rose as high as $98,367.00.
Crypto exchange Coinbase was lower by 4% and MicroStrategy was flat. Mining stocks were under pressure, with the exception of Mara Holdings, up 9%.