Bitcoin resumes its climb, briefly touching $90,000

(CNBC) Bitcoin resumed its climb on Tuesday, after taking a breather from its postelection rocket rally earlier in the session. The price of bitcoin was last higher by 2% at $89,338.20, according to Coin Metrics. It briefly touched $90,036.17 just before the stock market close, after quickly blowing through the $80,000 in the two days prior. Its price is expected by many investors to continue making fresh records on its way to $100,000 later this year.

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