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As money continues to pour into crypto following Donald Trump's victory last week, bitcoin has climbed to yet another record high. This kind of currency is designed to work through an online network without a central authority — meaning it's typically not backed by any government or banking institution — and transactions get recorded with technology called a blockchain.

Top coins were setting new records in the continuation of a strong rally.

Bitcoin clinched another all-time high of $88,448 on Monday, surging 11% over the past 24 hours.

Bitcoin, the world's largest cryptocurrency, is hitting new records in the wake of president-elect Donald Trump's victory. Trump has promised to soften regulations on digital currency.

Ether, the native cryptocurrency of the Ethereum blockchain, surged to a three-month high Monday. Monitor these important chart levels.

The bull run continues for cryptocurrencies.

(Bloomberg) -- Bitcoin continued its relentless surge higher, climbing above $88,000 for the first time, boosted by President-elect Donald Trump’s embrace of digital assets and the prospect of a Congress featuring pro-crypto lawmakers.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, Immigra