Bitcoin price surpasses $90,000

Bitcoin’s price has for the first time surpassed $90,000, equivalent to 630,000 Danish kroner, as reported by Reuters. The value of the well-known cryptocurrency has risen following Donald Trump’s election, due to expectations of crypto-friendly policies. Trump, who assumes the presidency on January 20, has been vocal about his support for digital currencies and intends to position the U.S. as the capital of cryptocurrency. He has also introduced his own crypto platform, World Liberty Financial. Bitcoin was launched in 2009 and involves digital files stored in a digital wallet, with a public database called blockchain recording all transactions.