Bitcoin Magazine Bitcoin Price Plunges to $100,000 Range Ahead of U.S. Shutdown Vote

Bitcoin price fell sharply on Wednesday, sliding 3.6% at times from an intraday high of $105,316 to a low at $100,803, even as U.S. stocks and gold climbed ahead of the House vote to end the government shutdown.

The Dow Jones Industrial Average has 423 points, or 0.8% currently led by gains in Goldman Sachs, JPMorgan Chase, and American Express.

The S&P 500 edged up 0.1%, while the Nasdaq slipped 0.3%. Gold rose to over $4,200, and silver traded above $53.

At the time of writing, the bitcoin price is $101,640. At 9:30 EST on Wednesday, the bitcoin price was over $104,500.

Bitcoin price decline and government shutdown dynamics

Bitcoin price’s pullback comes as investors rotate toward traditional asset

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