Leading cryptocurrencies simmered down Monday after a smashing rally even as speculations around a U.S. strategicBitcoinreserve gathered steam.
| Cryptocurrency | Gains +/- | Price (Recorded at 7:45 p.m. ET) |
| Bitcoin (CRYPTO: BTC) | -0.10% | $106,072.58 |
| Ethereum (CRYPTO: ETH) | -0.69% | $3,966.41 |
| Dogecoin (CRYPTO: DOGE) | -1.74% | $0.4009 |
What Happened: The world's largest cryptocurrency broke beyond $107,000 for the first time this afternoon before profit-taking brought it back to $105,000, with a modest increase to $106,000 by evening.
The sentiment was upbeat following reports that President-electDonald Trumpmight pass an executive order to create a national Bitcoin stockpile.
Bitcoin was already up 9.11% in December, higher than the historical average of 5.75%, per Coinglass data.
A similar pattern followed for Ethereum, which failed to decisively break over $4,000 and...
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