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Bitcoin Crashes Under $100K for First Time Since May, Liquidations Hit $1.3 Billion
Bitcoin just dropped below the $100,000 mark for the first time since May, with Ethereum, XRP, and other hit harder. Is the bull run over ??
Bitcoin touched as low as $99,954 on crypto exchange Coinbase and $99,990 per price tracker CoinMarketCap before slightly rebounding.
It recently traded at a price of $100,906, down nearly 6% on the day. The top cryptocurrency has fallen by 12% over the past week and 18% over the past month, diving after setting a new all-time high above $126,000 in early October.
The last time Bitcoin dropped below six figures was in early May.