Bitcoin notched another record high, climbing above $93,000 for the first time, with traders exuberant over President-elect Donald Trump’s rhetorical support for crypto.

Bitcoin prices rose sharply today, blowing past the $90,000 level and setting a new record as the digital currency benefited from rising demand.

In case you missed it, Bitcoin ( BTC -1.08%) has been on an absolute tear. Following the recent U.S. election that saw pro-crypto candidate Donald Trump win the presidency, Bitcoin has surged over 30% since election night, recently surpassing $90,000.

Bitcoin reached an all-time high above $89,000 on Monday, amid enthusiasm that digital assets may face a more friendly regulatory environment after Donald Trump, who is considered pro-crypto, won the U.

As money continues to pour into crypto following Donald Trump’s election victory, bitcoin has climbed to yet another record high.

Crypto prices continue melting upwards since Donald Trump's election victory as investors reprice digital assets in anticipation of a friendlier government.