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Bitcoin drops below $100,000 as crypto market loses $19 billion
Bitcoin fell below $100,000, triggering a $19 billion loss across the crypto market, with Ethereum falling to $3,057 before partially recovering to $3,480.
Bitcoin fell below $100,000 for the first time in over four months, wiping out nearly all 2025 gains. The broader cryptocurrency market lost $19 billion in total capitalization, reflecting a sharp correction. Ethereum declined to $3,057 from its all-time high of $4,956, though it later recovered slightly to $3,480.
Trading volumes surged across major exchanges, with heightened volatility affecting altcoins as well. Market analysts cited liquidation pressures and profit-taking as contributors to the decline, while investors monitored the $3,000 Ethereum support level closely.