Bitcoin, the world’s largest crypto asset, hit a record-high trading volume after the cryptocurrency reached a new all-time high of $89,956 on Nov. 12

Following its massive post-election rally, investors seem to be pricing a higher ‘fair value’ for Bitcoin as profit-taking volume decreases.

Bitwise Chief Investment Officer Matt Hougan expects Bitcoin to breach $100,000 by year’s end and $200,000 by the end of 2025.