Bitcoin prices rose sharply today, blowing past the $90,000 level and setting a new record as the digital currency benefited from rising demand.

Bitcoin notched another record high, climbing above $93,000 for the first time, with traders exuberant over President-elect Donald Trump’s rhetorical support for crypto.

The world's biggest cryptocurrency has become one of the most eye-catching movers in the week since the election.

Elon Musk, the Tesla billionaire who has been named by U.S. president-elect Donald Trump to lead the new "Department of Government Efficiency".

Elon Musk has been tapped to co-lead the Department of Government Efficiency (DOGE) after years of hyping up cryptocurrency Dogecoin.

Dogecoin spiked again on Wednesday after Donald Trump appointed Elon Musk to help lead the Department of Government Efficiency, or DOGE.

As money continues to pour into crypto following Donald Trump’s election victory, bitcoin has climbed to yet another record high.

Traders are eyeing $100,000 for bitcoin by the end of the year potentially. The total crypto market value has surged to $3 trillion since the election.

While the trading rally has now paused, analysts predict that bitcoin's value will only continue rising following Trump's win—perhaps even reaching $100,000 by the end of 2024, CNBC reported.