Bitcoin headed lower on Thursday after rallying above the US$100,000 dollar mark once again on news of cooling core US inflation last month.
Bitcoin was trading down 1.2% for the day at US$99,232 come Thursday, as Wednesday’s gains wore off.
Figures on Wednesday had shown core US inflation unexpectedly subsided in December, in turn fueling risk appetite among investors and buoying the cryptocurrency.
Smaller coins Ethereum and Ripple followed suit, having also headed higher on the inflation data before receding into Thursday.
Ethereum was down 3.3% at US$3,333 on Thursday, with Ripple off 2.4% at US$3.07.
Attention has since turned to Donald Trump’s inauguration on Monday, after the president-elect's pledges to support the crypto market during his campaign.