Thursday, 6 November, 2025
Bitcoin Plunges Below $100K Amid Risk-Off Sentiment
Bitcoin dropped over 7% to $96,794, its first dip below $100,000 since June, erasing its summer rally. This decline reflects a broader "risk-off" mood, mirroring selloffs in high-flying tech stocks like Nvidia. The crash is linked to the lingering "psychological overhang" from a massive liquidation event in October, keeping traders cautious and causing other altcoins to suffer sharp losses.