Bitcoin fell below the $100,000 mark today before recovering somewhat.

The reason is the news that the US central bank will cut interest rates less sharply next year, which is weighing on speculative investments.

As a result, the value of Bitcoin, the largest digital currency, dropped to $98,760. Earlier this week, the cryptocurrency was worth $10,000 more. Other digital currencies also declined in value.

Since Donald Trump’s election victory, Bitcoin has risen by about 50 percent. The world’s most famous cryptocurrency is riding on Trump’s promises to make the US “the crypto capital of the planet” as the next president. He also talked about creating a strategic national reserve of bitcoins.

Bitcoin recovered after the dip to trade at $101,280.