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Bitcoin (BTC) Price: Falls Below $100K for First Time Since June

Bitcoin (BTC) has fallen below the $100,000 mark for the first time since June, as the cryptocurrency market faces a broader correction. This decline marks a drop of over 20% from the record high of over $126,000 achieved just a month ago, on October 6. The price dipped below $100,000 on Tuesday, but there was some immediate buying, which saw it bounce back to around $101,300 shortly after. The recent market turmoil has been exacerbated by the Federal Reserve's unexpected hawkish signals, with officials indicating that another interest rate cut in December is unlikely. Following this, recovery attempts for Bitcoin have struggled, with price rebounds above $110,000 quickly meeting selling pressure. This situation highlights the fragility of the current cryptocurrency market, as it grapples with significant volatility and shifting investor sentiment.

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Bitcoin Drops to Seven-Month Low Under $90K

Bitcoin has dipped below $90,000 for the first time in seven months, marking a significant drop in the cryptocurrency market. In November, spot Bitcoin ETFs experienced outflows totaling $2.59 billion, closely approaching the previous high of $3.56 billion recorded in February. Factors contributing to this downturn include

Bitcoin Drops to Seven-Month Low Under $90K

Bitcoin has fallen below $90,000, hitting a seven-month low. This decline follows substantial outflows from Spot Bitcoin ETFs, totaling $2.59 billion in November, leading to diminished market sentiment. Experts attribute this downturn to profit-taking and portfolio rebalancing, with indications that Bitcoin could drop to the $82,000 to

Bitcoin Drops to Seven-Month Low Under $90K

Bitcoin has fallen below $90,000 for the first time since April, reaching a seven-month low. This downturn, with a 4.5% decline over 24 hours, is attributed to profit-taking and portfolio rebalancing among institutional investors, resulting in significant outflows from Bitcoin exchange-traded funds (ETFs). In November alone, spot Bitcoin