ARKB ETF

Bitcoin is trading stubbornly below the $100,000 mark, putting the brakes on a blistering post-election rally.

Bitcoin is on its way to cap a big week, gaining about 9.3% over the past five days. The cryptocurrency breached the $98,000 mark for the first time on Thursday.

Bitcoin is approaching the historic $100,000 milestone, driven by Trump's victory, MicroStrategy's Bitcoin purchases and the introduction of options trading on ETFs.

With bitcoin touching all-time highs again, investors are more confident that the latest bull run will be more sustainable compared to previous cycles, with subdued volatility as the crypto industry matures with increased institutional adoption.

Key Points: Given its recent dramatic and rapid ascent to $100,000, investors want to understand what's happening with Bitcoin.

This weekly update tracks some of the largest cryptocurrencies by market share: bitcoin and ether. While both are considered to be high-risk when it comes to investing, the two have foundational differences that investors should know.

Bitcoin charged past the $90,000 level on Wednesday, as its relentless rally showed no signs of easing on expectations that Donald Trump as U.S. president and his administration will be a boon for cryptocurrencies.

Bitcoin has been hitting highs on "Trump Trade." However, traders have largely ignored questions about Trump's timeline for implementing his crypto agenda.

Trump trade ETF beneficiaries.