The crypto market hit pause after bitcoin's rally toward $90,000 over the past week
Crypto investors have been cheering President-elect Donald Trump's promises to make the regulatory environment more supportive and even friendly toward crypto businesses, which have long struggled with a lack of clarity of the rules of the road.
While bitcoin has long been deemed a safe asset in Washington – that is, not subject to securities laws – the long tail of cryptocurrencies and crypto-related startups have been operating in a riskier grey area.
"That's just shifted 180 degrees," Matt Hougan, chief investment