Bitcoin Falling Toward $100,000...$90,000 is on the line.

Bitcoin, a cryptocurrency market leader who was about to enter the $100,000 mark after Trump's victory in the presidential election, continued its downward trend and is now signaling that the $90,000 mark could collapse.

On the U.S. cryptocurrency exchange Coinbase, the price per unit of Bitcoin was trading at $91,718 as of 4:55 p.m. ET, down 2.11% from a day earlier.

Bitcoin has been on the decline for four days since it reached its all-time high of $99,800 on the 22nd, about to enter the $100,000 mark, once falling to the $9,600 range, threatening the $90,000 mark.

Around the same time, No. 2 market cap Ethereum fell 4.68% to $3,326, Solana fell 3.855% to $230, and Ripple and Dogecoin also fell more than 3% and 4%, respectively, to trade at $1.42 and $0.38.

Bitcoin prices, which have soared since the U.S. presidential election, have seen a sharp drop as selling pressure to realize gains ahead of Thanksgiving in the U.S. overwhelms buying that expects further gains.