Bitcoin Price Crashes Below $100,000 Amid Bear Market Concerns
Bitcoin Price Crashes Below $100,000 Amid Bear Market Concerns
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Bitcoin's price has fallen below $100,000 for the first time in four months, losing nearly 6% of its value in a single day. This significant drop is attributed to a strengthening US dollar, outflows from Spot Bitcoin ETFs, and widespread liquidations in the crypto futures market, fueling fears of an impending bear market.
Why Did The Bitcoin Price Crash Below $100,000? The Bear Market Is Here
The Bitcoin price has fallen below $100,000 for the first time in four months, wiping out nearly 6% of its value within a single day. The drop can be attributed to a strengthening US dollar, outflows from Spot Bitcoin ETFs, and massive liquidations across the crypto futures market, causing investors to question whether the long-anticipated ...