@taskmaster4450le's thread

Crypto takes a breather from its postelection rally as bitcoin approaches $90,000

Bitcoin was trading just shy of $90,000 Monday night after it blasted through the $80,000 level over the weekend.

The crypto market hit pause on its rocket rally that began a week ago following the U.S. election, though investors should expect it to pick up again.

On Tuesday bitcoin edged lower by 1% to $87,440.88, according to Coin Metrics. On Monday, it rose more than 10%, to as high as $89,623.00 at night. Its price is expected by many investors to continue making fresh records on its way to $100,000 later this year.

#bitcoin #crypto #election #trump #coinmetrics