The bitcoin price has crashed toward $90,000 per bitcoin, down from almost $100,000 on Monday. The crypto price correction has wiped around $200 billion from the combined $3.2 trillion market.

Trump's pledge to create a bitcoin stockpile has been one of the bullish developments that's propelled the token to all-time highs since the election.

Bitcoin came within a whisker of closing above $100,000 for the first time on Thursday as the election of Republican Donald Trump as U.S. president spurred expectations that his administration will create a friendly regulatory environment for cryptocurrencies.

If confirmed, Bessent could act as a catalyst for a crypto and bitcoin price boom by helping to establish a clear regulatory framework for digital assets.

Bitcoin approached the historic $100,000 level, fueled by optimism that President-elect Donald Trump’s support for crypto heralds a boom as the US pivots to friendly regulations in place of a crackdown.

Bitcoin’s march toward $100,000 gathered pace on Thursday as investors bet a friendlier U.S. regulatory approach to cryptocurrencies under President-elect Donald Trump will unleash a boom era for the asset class. Bitcoin prices topped $98,000 for the first time during European trading, and were last up around 3 percent in midday U.S. trading.

President-elect Trump's social media company is reportedly in advanced talks to purchase cryptocurrency exchange Bakkt as digital assets continue to soar.

Bitcoin’s price fell back below $93,000 as the leading cryptocurrency reversed course on some recent gains following Donald Trump’s election win.

The interviewees of Money.pl claim that 100,000 dollars for Bitcoin is just a stop before further price increases. The upcoming year will be crucial for the cryptocurrency market when a cryptocurrency-friendly administration under Donald Trump takes over in the USA.

The price of Bitcoin surpassed the $95,000 mark for the first time during Asian trading on Thursday, driven by investor expectations of a potentially more favorable U.S. regulatory approach to cryptocurrencies under president-elect Donald Trump.