Bitcoin nears $90,000 for the first time ever

Bitcoin was trading just shy of $90,000 Monday night after breaching $80,000 just a day earlier, according to data from Binance.

The flagship cryptocurrency was last higher by 12% at $89,100, according to Coin Metrics.

Earlier Monday, it rose as high as $89,623.00. Its price is expected by many investors to continue making fresh records on its way up to $100,000 later this year.