Late Thursday, Bloomberg reported that President-elect Donald Trump will likely issue an executive order announcing crypto as a national imperative or priority with a voice in his administration. Trump could also announce the creation of a crypto advisory that will advocate the digital asset industry's policy goals.

In December, Trump tapped Paul Atkins to lead the Securities and Exchange Commission. Atkins, a former SEC commissioner under President George W. Bush, has worked recently on digital assets and is set to replace Gary Gensler, who is seen by many as a crypto critic.

The price of bitcoin topped $100,000 again early Friday as a pumped up cryptocurrency industry expects early action by Donald Trump when he’s sworn in as president next week

Bitcoin rose back above the key $100,000 level, reaching a 10-day high of $102,081 overnight, according to LSEG data. Traders are returning to cryptocurrencies in anticipation of Donald Trump's inauguration on Monday.