Bitcoin (BTC) price quickly retreated from a new all-time high near $100,000 late Thursday, falling below $94,000.
The reason for the decline was not immediately known.
Bitcoin fell to $93,468.34, according to data from CoinDesk Indices, which incorporates prices from several sources. Meanwhile, it reached around $90,500 on Binance and around $92,000 on Coinbase.
The sell-off did not spread to the remaining cryptocurrencies, which is unusual. While Bitcoin went into free fall, other tokens did not move much.
Bitcoin then rebounded above $96,000.