Bitcoin hits record high, breaches $94,000 mark

Bitcoin, the world's largest cryptocurrency, reached a new record high, closing at $94,078 in the latest trading session.

Bitcoin was trading at $92,355.44 as of 10:10 AM with a market cap of $1.83 trillion as per coinmarketcap.com. 

The new milestone has been attributed to major developments in the cryptocurrency and financial sectors, including the introduction of options trading for BlackRock's iShares Bitcoin Trust and speculation around Donald Trump's media company exploring a potential acquisition of the crypto trading