Bitcoin has surged to a new all-time high, surpassing $97,000, as investors anticipate a second Donald Trump presidency, which could lead to favorable regulations for the cryptocurrency. The price rose over 3% to $97,646.68, with expectations of reaching $100,000 this year and potentially doubling by 2025. Analysts attribute this rally to improved liquidity, increased institutional adoption, and a shifting regulatory landscape, alongside concerns about inflation and budget deficits.