#BTC Bitcoin has fallen below $100,000 for the first time since late June.
On Tuesday, Bitcoin fell below $100,000 for the first time in over four months, as cryptocurrency holders began to withdraw from risk assets amid growing concerns about the sustainability of stock market valuations driven by artificial intelligence trading. On that day, Bitcoin fell to a low of $99,966, and the final closing price was $100,893, which is 5% lower than the day's lowest point. This is the first time since June 23 that Bitcoin's trading price has fallen below $100,000. The second largest cryptocurrency by market capitalization traded at a price of $3,275, with a decline of nearly 9%.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#BTC Bitcoin has fallen below $100,000 for the first time since late June.
On Tuesday, Bitcoin fell below $100,000 for the first time in over four months, as cryptocurrency holders began to withdraw from risk assets amid growing concerns about the sustainability of stock market valuations driven by artificial intelligence trading.
On that day, Bitcoin fell to a low of $99,966, and the final closing price was $100,893, which is 5% lower than the day's lowest point. This is the first time since June 23 that Bitcoin's trading price has fallen below $100,000. The second largest cryptocurrency by market capitalization traded at a price of $3,275, with a decline of nearly 9%.