Bitcoin briefly topped the $90,000 mark on Monday before erasing gains, leaving traders waiting on a potential breakout after the token missed a Santa rally that sent stocks to record highs.
The original cryptocurrency rose as much as 3.2% to trade above $90,300 in Asian trading hours on Monday. It later sank back below $88,000 during New York trading. Other cryptocurrencies had also swung, with Ether up as much as 4% to surpass $3,000 before dropping into the red.
