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.