-
Why Bitcoin Is Down: Prices Slip Below $100,000 for First Time Since June
After months of record-breaking gains, Bitcoin’s rally has come to a halt. The world’s largest cryptocurrency slipped below $100,000 on Tuesday for the first time since June, as investors retreated from digital assets amid renewed uncertainty over the Federal Reserve’s next policy move. The decline marked a five-month low for Bitcoin, which fell 6.4% in the last 24 hours to around $99,705. The drop followed a broader downturn across the cryptocurrency sector, which has erased nearly $880 billion in total market capitalization over the past month, according to CoinMarketCap data. Bitcoin’s retreat mirrors a ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
On today's episode of CNBC Crypto World, bitcoin drops below $100,000 for the first time in more than four months as the November crypto sell-off continued. Plus, Sam Bankman-Fried's legal team argued for a retrial before a federal appeals court. And, Bitwise CIO Matt Hougan discusses how the Bitwise Solana Staking ETF has performed in its first week of ...
Private sector employment increased by 42,000 jobs in October and pay was up 4.5 percent year-over-year according to the October ADP National Employment ReportŪ produced by ADP Research in collaboration with the Stanford Digital Economy Lab ("Stanford Lab"). The ADP National Employment Report is an independent measure of the labor market based on the ...
$BTC Drops Below $100K For The First Time Since June
