Bitcoin hits $100,000 for first time

News Snapshot:

Hong Kong: Bitcoin broke $100,000 for the first time Thursday as traders cheered Donald Trump's decision to pick a crypto fan to head the US securities regulator, reinforcing optimism the new president will push through measures to deregulate the sector. The cryptocurrency soared through the mark to a peak of $103,800, having enjoyed a blistering rally since the November 5 election of Trump, who pledged on the campaign trail to make the United States the "bitcoin and cryptocurrency capital of the world". The digital unit has jumped more than 50 percent since the tycoon's poll win -- and around 140...