The value of cryptocurrencies have been surging since Donald Trump’s US election victory last week.

The value of cryptocurrencies have been surging since Donald Trump’s US election victory last week.

Bitcoin has now broken into new territory, heading towards $90,000 a token.

Other cryptocurrencies, including dogecoin - which has been promoted by high-profile Trump supporter Elon Musk - are also making gains.

On the campaign trail the president-elect pledged to make the US "the crypto capital of the planet".