The price of bitcoin briefly fell below $100,000 on Tuesday, a shocking plunge from the cryptocurrency’s all-time-high of over $126,000 on Oct. 6. The world’s best known crypto hasn’t been priced below $100,000 since May.

Bitcoin dipped to $99,966, according to CNBC , before recovering above the $100,000 mark. Bitcoin is down 7% on the day and 13% on the week, according to CoinMarketCap . Crypto enthusiasts point to a similar slide in tech stocks this week, as traders worry they could be overvalued, according to Bloomberg .

Despite claims from the crypto community that digital money offers an exciting new world divorced from the constraints of fiat currency, the price of bitcoin often mirrors moves in the stock market. Palantir’s stock price is down 8% on the day despite posting an

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