Bitcoin Magazine Bitcoin Price Plunges Below $100,000 As Extreme Fear Hits the Market

Well, the bitcoin price bleeding just doesn’t stop. Bitcoin price just tumbled below $100,000 for the first time since June, marking a fresh low in a rough stretch for the world’s leading cryptocurrency.

Bitcoin’s price hit $99,913 but rebounded to $100,575 — at time of writing.

The bitcoin price slide comes as investors flee risk assets and macro headwinds mount.

The cryptocurrency dropped more than 5% early Tuesday, briefly testing levels not seen in months. Traders watched nervously as the coin broke below key technical support around $104,000. That move yesterday fueled concerns that further losses could be imminent.

Spot Bitcoin ETFs have seen a wave of withdrawals. Investors pulled more than $1

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