The outcome of the US presidential election is being hailed as a significant win for the crypto industry, with Bitcoin's price soaring in the wake of Donald Trump's victory.
Bitcoin's value has risen more than 25% since Nov. 5, and several industry experts predict six figure values soon.
Trump's promises of a more crypto-friendly environment include appointing a pro-crypto chair to the Securities and Exchange Commission and creating a US Bitcoin reserve.
Investor sentiment is also reflected in the options market, where traders are placing bets that Bitcoin will surpass $100,000 by the end of the year.