Bitcoin breached the $95,000 level for the first time Wednesday evening as investors continued pricing in a second Donald Trump presidency.
The price of the flagship cryptocurrency was last higher by more than 3% at $97,646.68, according to Coin Metrics.
Earlier, it rose as high as $97,788.00.
Shares of MicroStrategy , a bitcoin proxy, gained 3% in extended trading.
Mining stocks rose as well, with Mara Holdings up 4%.
Persons:
Bitcoin, Donald Trump, cryptocurrency, Mara
Organizations:
Metrics, Mara Holdings