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

Bitcoin (BTC) recently fell below $100,000, representing its lowest price since late June amid a significant correction in the cryptocurrency market. This decline marks a drop of over 20% from its all-time high of more than $126,000, achieved just a month prior on October 6. Following the dip below the $100,000 mark, Bitcoin's price quickly rebounded to approximately $101,300. This recent downturn follows a series of unsuccessful recovery attempts and is attributed largely to hawkish comments from the Federal Reserve, which tempered expectations for a potential interest rate cut in December. The drop also coincided with a tumultuous period in October that saw Bitcoin's price plummet from above $120,000, potentially leading to large-scale liquidations.

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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