The price of Bitcoin has for the first time broken past the $100,000 mark, hitting a new record high.
The value of the world's biggest cryptocurrency has been boosted by hopes US President-elect Donald Trump will adopt crypto-friendly policies.
Bitcoin hit $103,900 in trading on Thursday, an all-time high, The Telegraph reports.
It came after Mr Trump announced the appointment of Paul Atkins to lead the Securities and Exchange Commission (SEC).
Bitcoin has more than doubled in value this year and has risen more than 50% since Trump won the presidential race.
Trump pledged during his campaign to make the United States the “crypto capital of the planet” and create a “strategic reserve” of bitcoin.
FTSE 100
The UK's flagship share index, the FTSE 100, was down 22-points at 8,329 shortly after opening this morning.
Brent crude oil futures were up 0.36%, trading at $72.23 a barrel.
Companies reporting today
AJ Bell | Full Year Results |
Balfour Beatty | Trading Statement |
Baltic Classifieds Group | Half Year Results |
DS Smith* | Half Year Results |
Frasers* | Half Year Results |
TR Property Investment Trust | Half Year Results |
Watches of Switzerland | Half Year Results |