BitcoinThe record-breaking rally took the digital asset above $89,000 and increased the total value of the crypto market above the pandemic-era peak as traders bet on a boom under the president-elect Donald Trump.

The largest token has risen about 32% since the US elections on November 5, hitting a record high of $89,599 on Tuesday. The original cryptocurrency changed hands for $88,450 as of 5:45 a.m. in London.