The value of the cryptocurrency Bitcoin has reached $100,000 for the first time since it began trading in 2009, when its value was less than one dollar. It is believed that its trading value began at $0.10.
The world's largest cryptocurrency saw its value soar before falling back below that figure, thanks to Trump's promises to adopt crypto-friendly policies during his term, and for the United States to become the "cryptocurrency capital of the planet."
This comes after Trump announced that he would nominate former SEC Commissioner Paul Atkins to run the Wall Street regulator.
Atkins is known to be very supportive of cryptocurrencies.