Bitcoin is nearing $100,000, thanks in part to Donald Trump's re-election. Crypto experts think it's poised to continue, but don't recommend making any rash investment decisions.

Bitcoin vaulted to a record high on Thursday, surging more than 3% in early trading and hurtling toward investors' long-sought milestone of $100,000. The price of bitcoin briefly exceeded $98,000 for the first time on Thursday morning,

Bitcoin's march toward $100,000 gathered pace on Thursday, as expectations mounted for a friendlier U.S. regulatory approach under President-elect Donald Trump, marking a stunning rebound for an asset many investors still regard with scepticism.

Bitcoin was soaring toward six figures for the first time as it extends its record-breaking rally early Thursday. The world’s largest cryptocurrency climbed 3.3% to $97,486. It’s the fourth straight session the token has set a new all-time high.