Morning Briefing Europe

Bitcoin Surpasses $100,000 For The First Time

Photographer: Paul Yeung/Bloomberg

Good morning. Bitcoin hits $100,000. France looks for a new prime minister. And sumo returns to England. Listen to the day’s top stories.

Bitcoin tore past $100,000 for the first time, on optimism US President-elect Donald Trump’s administration will provide support to the digital-asset industry. The token is up more than 140% so far this year, boosted by Trump’s pledge to appoint crypto-friendly regulators and create a national stockpile of Bitcoin. This milestone “signals the next phase of the bull run,” said Fadi Aboualfa at Copper Technologies.