Cryptocurrency speculators kept Bitcoin in sight of the landmark $100,000 level in anticipation of further steps to support the sector by US President-elect Donald Trump.

Bitcoin was slipping on Monday, another sign that its postelection rally has petered out after a couple of weeks of strong gains. The world’s largest token fell 1.9% to $95,284, leaving it about 5% short of passing $100,

President-elect Donald Trump's support for cryptocurrency has pushed several digital assets to skyrocket in price since his re-election. His position is solidified with his choice of close

"Why accumulate reserves if they can be lost so easily?" Russian President Vladimir Putin said at an investing conference.

Russian President Vladimir Putin on Wednesday questioned the need to hold state reserves in foreign currencies since they could easily be confiscated for political reasons, saying that domestic investment of such reserves was more attractive.

Russian President Vladimir Putin, who was previously skeptical about Bitcoin, has now acknowledged that Bitcoin cannot be banned. Putin firmly asserted that Bitcoin and digital assets are unstoppable and would continue to evolve.