Bitcoin falls below $100,000 for first time since June
Crypto Briefing
Bitcoin dropped below the $100,000 threshold for the first time since June amid sustained selling and investment outflows.Summary
Bitcoin has fallen below the $100,000 mark for the first time since June, signaling a significant technical breakdown and fueling renewed bearish sentiment in the market. This decline is attributed to sustained selling pressure and increased outflows from Bitcoin investment products. Technical analysts are warning that if Bitcoin fails to reclaim critical support levels, it faces the risk of a deeper correction due to ongoing institutional and retail selling activity.
(Source：Crypto Briefing)