Bitcoin’s blistering postelection rally continued on Tuesday as the price of the world’s most popular digital currency hit a 34-month high.

Bitcoin traded as high as $788.49, its highest price since the collapse of Tokyo-based bitcoin exchange Mt. Gox. in February 2014. The collapse of Gox effectively ended a period of exuberance that saw bitcoin’s price peak just below $1,200 in late 2013.