Investing.com — remained near the $90,000 mark on Monday, easing back from record levels reached last week.
The cryptocurrency‘s pullback came as enthusiasm surrounding Donald Trump’s presidency began to cool, and broader market sentiment was dampened by growing uncertainty over the US interest rate policy path.
Bitcoin surged by approximately 11% last week, during which it notched an all-time high of nearly $93,500. The rally was fueled by optimism sparked by pro-crypto Donald Trump’s win in the US presidential election.
Bitcoin fell 1.5% to $89,663.0 on Monday as of 08:30 ET (13:30 GMT). After clearing the $90,000 hurdle recently, markets are now watching for the cryptocurrency to attack the $100,000 next, which is seen as a key level.
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