Bitcoin notched another record high, climbing above $93,000 for the first time, with traders exuberant over President-elect Donald Trump’s rhetorical support for crypto.

Bitcoin prices pushed to record highs on Wednesday, topping $93,000 and continuing the post-election surge for the world's largest cryptocurrency.

Donald Trump has pledged to create a friendly regulatory framework for crypto, set up a strategic Bitcoin stockpile and make the US the global hub for the industry

Bitcoin has surged to an all-time high of over $90,000, driven by optimism surrounding Donald Trump's potential crypto-friendly policies. Investors are hopeful that Trump's presidency might pave the way for a more supportive regulatory environment for digital currencies.

Bitcoin broke through the $90,000 level on Wednesday, to an all-time high in a rally showing no signs of easing on expectations that Donald Trump as U.S. president will be a boon for cryptocurrencies.

Cryptocurrency token Bitcoin rallied its way to breach the $90,000-mark and hit its all-time high on Wednesday as President-elect Trump pledged easing digital token norms, reported the news agency AFP.