Again, Bitcoin price hits all-time high at $89,000

For the third consecutive day, Bitcoin, the world’s largest cryptocurrency by market capitalisation, has surged to a fresh record high of $89,000.

The price of the cryptocurrency traded 9.6 per cent higher on Tuesday morning, reaching $89,360, according to data obtained from coinmarketcap.com.

The digital currency has continued to rally since the conclusion of the United States presidential election.