Bitcoin price edged close to $90,000 early Tuesday as the postelection rally continues. Investors are betting that former President Donald Trump’s second term will boost cryptocurrencies because he has suggested more favorable regulation.

Pepe coin, currently one of the largest meme coins by market cap, has seen substantial market activity in recent weeks. Despite a dip from its all-time high of $7 billion in market cap, it rebounded from $3.35 billion to $5 billion, signaling strong investor interest.

The largest and most popular cryptocurrency has seen a massive rally during election week as results favoured Republicans, more than doubling from the year's low of $38,505. It was last trading at $87,