Bitcoin continues its upward journey, breaking record levels to surpass $89,000, which boosts the overall value of the cryptocurrency market beyond its pre-pandemic peak amid investor optimism about the market’s future under “Donald Trump’s” presidency. Bitcoin rose by 1.37%, or $1,173, to trade at $88,330 as of 09:02 AM Mecca time, after surpassing the $89,000 mark for the first time ever, reaching $89,165, and getting closer to the $90,000 threshold. Bitcoin—the world’s largest cryptocurrency by value—has risen by around 32% since Election Day on November 5. Meanwhile, Ethereum—the second-largest cryptocurrency—fell by 0.45% to $3,334, and Ripple dropped by 2.13% to 60.14 cents. This comes as “Trump” promised during his campaign to provide a better regulatory environment for cryptocurrencies and pledged to make the United States the capital of these currencies.