Bitcoin was edging a little higher earlier today, but it was not making much progress and certainly not above 88k. Well, since the release of the US CPI and rebound in US equity futures, BTC has risen above 89k now and it is pressing towards the highs seen yesterday, when it stalled just short of 90k. In fact it is pretty close to those record highs right now and looks like it has the bit between its teeth. BTC is currently trading at 89,760