By Michael D. Carroll
Breaking News Editor
Bitcoin surged to a new record on Wednesday, reaching over $90,000, as the cryptocurrency market reacted positively to president-elect Donald Trump's commitment to reducing regulatory constraints on digital assets.
Data from crypto news outlet Coindesk showed Bitcoin climbed to an unprecedented high of $91,000 before settling back slightly to $90,670, reflecting strong investor confidence fueled by anticipated policy shifts in favor of cryptocurrency.
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