Bitcoin took another step toward the long-awaited $100,000 milestone, breaking through $99,000 on Wednesday afternoon – bringing with it Ethereum, Dogecoin and other top assets.

However, the leading cryptocurrency didn’t quite reach its goal, with Bitcoin hitting its all-time high of $99,329 just before 4 p.m. ET on Wednesday. This is the highest price since November 22nd, when BTC reached its current all-time high of $99,645.

The momentum quickly cooled and Bitcoin fell to a current price of $98,100 at the time of this writing. It is unclear what drove the increase, although BTC was trading at $95,000 shortly after 12 p.m. ET and rose steadily over the following hours.

The increase appeared to be accelerating, according to comments online New York Times DealBook Summit from Federal Reserve Chairman Jerome Powell, who said Bitcoin is more competitive with gold than the US dollar.

But while Bitcoin was on the rise, other major assets followed suit. Ethereum rose to a six-month high of $3,892, the first time the price has risen this high since late May. It has now fallen to $3,854 but remains up almost 7% on the day.

Dogecoin, meanwhile, rose to $0.433 for the first time since Monday, but also corrected slightly and fell to $0.422 at the time of this writing. It is up 3% on the day.

Wednesday’s biggest gainers in the top 100 cryptocurrencies by market cap as of this writing are Metaverse gaming token The Sandbox (SAND), which gained 27%; Ethereum scaling network Mantle (MNT), which gained 21%; and gaming token Gala (GALA) with a 20% increase.