Bitcoin Dips Below $100K Amid Market Volatility

1 min read
Source: Bloomberg
Bitcoin Dips Below $100K Amid Market Volatility
Photo: Bloomberg
TL;DR Summary

Bitcoin experienced a nearly 7% drop, stabilizing just below $100,000 after a volatile day, highlighting the ongoing fluctuations in the crypto market. The digital currency fell to $92,144 before rebounding to around $99,500. Meanwhile, Ethereum surpassed $4,000 for the first time since March, as the market faces volatility amid a pause in the rally driven by President-elect Donald Trump's support for the sector.

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