Bitcoin easily exceeded $90,000 due to Donald Trump's victory in the U.S. presidential election.
As of 9:33 a.m. ET on Coinbase, the price per unit of Bitcoin was trading at $91,134, up 5.9% from 24 hours ago.
Bitcoin remained below $70,000 until the morning of the 5th, the day of the presidential election, but has continued to rise sharply since Trump's victory in the presidential election.
It has already outpaced silver and domestic stock markets with a market capitalization of $1.7 trillion, and there are predictions that Trump will grow in size if he eases virtual currency regulations as promised during the presidential race.
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