The large-cap token has rallied since the election on the expectation that President-elect Donald Trump will slash crypto regulation.

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.

Bitcoin’s price fell back to $91,000 Tuesday afternoon as the leading cryptocurrency reversed course on some recent gains following Donald Trump’s election win.

While bitcoin has been trading for the past several days at close to $100,000 — a level many crypto bulls consider as a milestone for the asset — it’s struggled to top that level.

Bitcoin is just a stop before further price increases, claim our nterviewees. The upcoming year will be crucial for the cryptocurrency market as the U.S. will be led by a pro-Trump administration. Six years ago,