At this point, the prevailing view of Bitcoin is that it's digital gold. Like gold, it is inherently valuable because it is scarce, with a finite supply. Unlike gold, however, it is easily stored. The value of all the gold in Fort Knox can be held on a thumb drive. These features make it a great store of value.

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.

Bitcoin approaches $80,000 with a potential rally to $102,000. See why BTC-USD investors should consider scaling out at key price levels.

Despite recent stagnation in Bitcoin's price, there's a compelling case to buy now for both short-term gains and long-term value.

Bitcoin price edged above $90,000 for the first on Tuesday as the postelection rally continues. Investors are betting that former President Donald Trump’s second term will boost cryptocurrencies because he has suggested more favorable regulation.