Bitcoin briefly approached the $100,000 mark this Monday, but failed to break through this psychological barrier. On Tuesday, Bitcoin fell to a low of $90,702.27, and by Friday, it had risen back to around $97,000, nearing $99,000.

If Trump's commitments to the cryptocurrency industry during his presidential campaign come to fruition, the $100,000 price level may not be the ceiling, but rather just another stepping stone in Bitcoin's celebratory rise.